RCM on import

Jagdish Akbari (Tax Consultant) (189 Points)

13 May 2018

My client is paying Diamond certification charges as Import of services, RCM applicable ?

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8 Replies

CA Sunil Kumar (Chartered Accountant) (4524 Points)
Replied 13 May 2018

GST Reverse Charge Mechanism (RCM) further Deferred/ Suspended till 30 June 2018 in line with GST Council recommendations dt. 10 March 2018

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Jagdish Akbari (Tax Consultant) (189 Points)
Replied 13 May 2018

Under section 5 (4) of IGST act suspended right ?

CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 13 May 2018

yes same is suspended 'till 30 june...

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 13 May 2018

Yes as per Noti. 10/2018 CT (r), Sec. 9(4) deferred til 30/6/2018

Jagdish Akbari (Tax Consultant) (189 Points)
Replied 13 May 2018

in my view RCM applicable as per notified list under section 9 (3)

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 13 May 2018

No Jagdish Ji its inward services from URD ,. so under 9(4)

CA Rashmi Gandhi (Chartered Accountant) (86308 Points)
Replied 13 May 2018

same is covered u/s 5(4)

Jagdish Akbari (Tax Consultant) (189 Points)
Replied 13 May 2018

but under 9(3) it is mentioned

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