Naresh Gorantla (3 Points)
08 August 2023Dear All,
A software company has to purchase some software licenses from outside India. What it does is, it is telling their employees to purchase these software licenses through their credit cards and the amount incurred by their employees have been reimbursed to them on time to time basis.
In this case, whether GST under RCM to be paid by the company as the software is being utilized by the company. Please enlighten me!
CA. Roopali Kadam
(Jobs on assignment basis.)
(1459 Points)
Replied 08 August 2023
In whose name software was purchased?
Naresh Gorantla
(3 Points)
Replied 08 August 2023
If it was purchased on the company name and used by the company, but employee paid for it - then I think RCM is applicable
If it was purchased on the employee name and the employee paid for it but the company used it for its business purposes- whether RCM is applicable in this case?
CAclubindia
