Difference between Reverse Charge u/s 9(3) and 9(4) and Reverse Charge Mechanism ?
aditya kandoi (accountant) (26 Points)
27 July 2017.
aditya kandoi (accountant) (26 Points)
27 July 2017
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 27 July 2017
under section 9(3) reverse charge will be levied on goods and services notified under this section
under section 9(4) reverse charge will be levied on goods/services from URD to Registered
Neha Jain
(Chartered Accountant)
(1085 Points)
Replied 27 July 2017
No, reverse charge and reverse charge Machenism are same
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 27 July 2017
Totally agree with Ms Neha
But do remeber u/s 9(3) Reverse charge liability is on Receiver irrespective of service provider's registration status....
Secondly, the exemption of 5000/- does not apply to 9(3)
Prajjwal
(*)
(402 Points)
Replied 23 June 2018
Section 9(3) and 9(4) of the GST Act, covers cases where Reverse Charge Mechanism would be applicable.
However, Section 9(3) covers goods which are specified (explicitly covered in the list) for the purpose of reverse charge under GST
Please note the applicability of section 9(3) has been deferred till 30 June 2018 as per the latest notification available on the GST website.
Section 9 (4) - makes reverse charge applicable in all cases wherever goods / services are supplied from Unregistered Dealer to a registered dealer.
Refer Notification attached: https://www.caclubindia.com/share_files/gst-notification-no-4-2017-73578.asp
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)