Rcm suspended till 30/09/2019
This query is : Resolved
11 March 2019
DEAR SIR,
RCM ON GOODS AND SERVICES SUSPENDED TILL 30/09/2019 IS TRUE.
REGARDS
RCM ON GOODS AND SERVICES SUSPENDED TILL 30/09/2019 IS TRUE.
REGARDS
11 March 2019
Initially it was suspended till Sep 2019 .
At present 9(4) is not applicable to any one . Notification no. 2/2019 C.T dated 29th January 2019 notifies the CGST Amendment Act 2018 w.e.f. 01st February 2019 wherein the section 9(4) of CGST Act has been amended
It is applicable only to selected categories of registered persons & Goods and services which has to be notified by the Government. So until the same is being notified the provisions will not get effective.
At present 9(4) is not applicable to any one . Notification no. 2/2019 C.T dated 29th January 2019 notifies the CGST Amendment Act 2018 w.e.f. 01st February 2019 wherein the section 9(4) of CGST Act has been amended
It is applicable only to selected categories of registered persons & Goods and services which has to be notified by the Government. So until the same is being notified the provisions will not get effective.
11 March 2019
thank you madam,
why i am asking the question one of the logistics company issued freight charges tax invoice on the invoice they are quoted gst payable by the consingee rcm basis means we should pay the gst tax amount behalf of them. and we have paid shop rent 18000/- per month the owner of the property is un-registered person in this case we have to pay the gst behalf of him. now from last one half year we are not paying any gst amount on rcm basis. so further what to do please clarify me madam
regards
clarify me
why i am asking the question one of the logistics company issued freight charges tax invoice on the invoice they are quoted gst payable by the consingee rcm basis means we should pay the gst tax amount behalf of them. and we have paid shop rent 18000/- per month the owner of the property is un-registered person in this case we have to pay the gst behalf of him. now from last one half year we are not paying any gst amount on rcm basis. so further what to do please clarify me madam
regards
clarify me
11 March 2019
Sec 9(3) and 9(4) of CGST Act deals with RCM provisions .
.
Under sec 9(3) , Govt notified certain goods & services on which RCM is applicable .GTA services are one of the notified service under RCM . If you are making payment to GTA ( Goods Transport Agency , You have to discharge liability under RCM .
Shop rent to unregistered person does not fall under RCM
.
Under sec 9(3) , Govt notified certain goods & services on which RCM is applicable .GTA services are one of the notified service under RCM . If you are making payment to GTA ( Goods Transport Agency , You have to discharge liability under RCM .
Shop rent to unregistered person does not fall under RCM
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- TDR receipts for agreement holder
- Company Incorporation - CA and directors signing from different states
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Filing of Form 10BB instead of Filing Form 10B
- Refund AY 2012-13 and 2013-14
- DIRECT TAX CODE 2025
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
