Reverse charge mechanism
This query is : Resolved
17 May 2018
Let me know is reverse charge mechanism is applicable from April 2018? & also on which type of services & expenses RCM is applicable .
17 May 2018
Reverse charge is levied as under:
Section 9(3) of CGST Act - Notified goods and services such as GTA, advocate, import of services, director, etc. This has been applicable since 1st July 2017. There is no exemption.
Section 9(4) of the CGST Act - Supply of goods and/ or services by an unregistered supplier to a registered supplier. This is exempt till 30th June, 2018.
Section 9(3) of CGST Act - Notified goods and services such as GTA, advocate, import of services, director, etc. This has been applicable since 1st July 2017. There is no exemption.
Section 9(4) of the CGST Act - Supply of goods and/ or services by an unregistered supplier to a registered supplier. This is exempt till 30th June, 2018.
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
- GST Regis.
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Sale of property furniture sale
- Applicability of Ind As to associate of associate
- HSN Details in IFF/GSTR-1 & in GSTR 9
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
