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RCM director technical service

sona1 (MANAGER) (359 Points)

10 July 2020

Amit as a director of a Ltd. Company , he also work as a Tecnical Advisor in a partnership firm and quarterly submitted his bill against above partnership firm . Please suggest us - in this situation partnership firm can paid RCM against Amit technical consultancy bill purpose...

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3 Replies

chethan data (298 Points)
Replied 10 July 2020

Hi sir rcm applicable on service supplied by director to company or body corporate discharge rcm liability so ur case not applicable rcm but i think u r related party
such persons are officers or directors of one another’s businesses;

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CA Rashmi B (Assistant Manager) (787 Points)
Replied 10 July 2020

GST under RCm need nt be paid. if Smith's aggregate turnover has crossed the threshold limit of 20lakhs he has to take registration under GST and charge GST at 18% for the services rendered.

Ravi SADhiyan (Practice) (4510 Points)
Replied 10 July 2020

Originally posted by : TUKAI
	Amit as a director of a Ltd. Company , he also work as a Tecnical Advisor in a partnership firm and quarterly submitted his bill against above partnership firm . Please suggest us - in this situation partnership firm can paid RCM against Amit technical consultancy bill purpose...