Poonawalla fincorp
Poonawalla fincorp

Reverse charge implication on import of service

This query is : Resolved 
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(Querist)
07 July 2016 Hello,
Our Client has paid Consulting Fees to its Associated Enterprise in UK, Payment as per Invoice has been made in GBP, so will the RCM be applicable in this Transaction?
Thanks in advance!
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 July 2016 Yes RCM will be applicable for this transaction.

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