04 September 2017
Dearly respected experts, If a contractor has given a part of the main contract to a sub contractor (Unregistered), whether RCM applies or not? Let's for example, Main Contract - 1,00,00,000 Sub Contract - 5,00,000 My Query is 1. Whether the above sub contract expense comes RCM under GST under Sec 9(4) of CGST, 2. Accounting treatment for the above transactions?