RCM IS NOW ACTIVE OR NOT PLEASE REPLY IF YES KINDLY SHARE NOTIFICATION
CA Altamush Zafar
(GST Consultant)
(15966 Points)
Replied 01 August 2021
CA Akshay Hiregange
(Partner - Audit & Assistance)
(4515 Points)
Replied 02 August 2021
9(4) is active, but requirement to pay RCM on purchase from unregistered persons is presently applicable only to real estate sector and not applicable to all registered assessees. It was removed from 13th October 2017 and has not been functional since (other than for real estate).
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)