Rcm effect from
This query is : Resolved
18 May 2018
Sir/Mam,
RCM is effect from july 1st it is correct or not I am not able to understand please kindly help me and RCM Effects which expenditure
Thanking you
RCM is effect from july 1st it is correct or not I am not able to understand please kindly help me and RCM Effects which expenditure
Thanking you
19 May 2018
Reverse charge is levied as follows:
1. Notified goods and/ or services under Section 9(3) - such as GTA, advocate, director, etc. This has always been in effect and never exempted. So this is applicable even now.
2. Supply by an unregistered supplier to registered supplier under Section 9(4). This has been exempted till 30th June,, 2018. So it will be applicable from 1st July, 2018.
1. Notified goods and/ or services under Section 9(3) - such as GTA, advocate, director, etc. This has always been in effect and never exempted. So this is applicable even now.
2. Supply by an unregistered supplier to registered supplier under Section 9(4). This has been exempted till 30th June,, 2018. So it will be applicable from 1st July, 2018.
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19 May 2018
You are most welcome.
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