RCM applicable HFO
Rama Krishnan (14 Points)
27 January 2024
whether RCM applicable for renewal fees for explosive HFO?
1 Replies
Rama chary Rachakonda
(Master in Accounts & high court Advocate email ID:ramachary64@gmail.com voice no:9989324294)
(7356 Points)
Replied 27 January 2024
There is the List of Services Under RCM in GST 2022 which are liable. They are services like Sponsorship services, insurance agents, Arbitral tribunal services, legal services, recovery agent services, etc. Under the reverse charge payment of tax is done through cash not adjusted toward output tax on goods or services
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