Hitesh rawal (402 Points)
14 September 2020
Satya N Dharani
(Finance Professional)
(491 Points)
Replied 14 September 2020
Yes, RCM applicable, if you are a Corporate firm.
CA Haritha Komma
(Chartered Accountant)
(1147 Points)
Replied 14 September 2020
In case of GTA there are 2 options:
1. GTA charging GST @ 12% - RCM is not applicable if GTA is charging 12% on invoice
2. No GST is charged on invoice by GTA - GST to be paid under RCM @ 5%
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 15 September 2020
CAclubindia
