Reverse Charge
Suman Roy (104 Points)
08 January 2019
Is reverse Charge applicable in all transaction?
6 Replies
Punit
(Student)
(97 Points)
Replied 08 January 2019
No... its defined for specific scenarios
Please google it. .
Suman Roy
(104 Points)
Replied 08 January 2019
GST Registered Security Services supplied to Registerd Taxable person to a body corporate is liable to pay GST under reverse Charge?
CA Roopa Nayak
(Specialized in Indirect Taxes)
(6621 Points)
Replied 08 January 2019
No not to all transactions It is applicable to specified supply of goods/services
Reverse charge mechanism(RCM) is applicable on recipient for specified services such as GTA services, sponsorship service to firm/corporate, import of service, legal services supplied to business entity
Other than above, RCM on taxable supplies of goods/services by unregistered persons from 1st July 2017 to 12th Oct 2017. On hold from 13th Oct 2017 to 30th September 2019.
Credit of RCM can be availed to extent related to taxable supplies /exports done by recipient
CA Roopa Nayak
(Specialized in Indirect Taxes)
(6621 Points)
Replied 08 January 2019
No not to all transactions It is applicable to specified supply of goods/services
Reverse charge mechanism(RCM) is applicable on recipient for specified services such as GTA services, sponsorship service to firm/corporate, import of service, legal services supplied to business entity
Other than above, RCM on taxable supplies of goods/services by unregistered persons from 1st July 2017 to 12th Oct 2017. On hold from 13th Oct 2017 to 30th September 2019.
Credit of RCM can be availed to extent related to taxable supplies /exports done by recipient
Suman Roy
(104 Points)
Replied 08 January 2019
Thank you very much sir...
but notification no. 29/2018 CGST (Rate) Dt. 31/12/2018
Some specific services inserted after Sl no 11 that may be applicable under reverse Charge.
but notification no. 29/2018 CGST (Rate) Dt. 31/12/2018
Some specific services inserted after Sl no 11 that may be applicable under reverse Charge.
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 08 January 2019
| Originally posted by : Suman Roy | ||
 |
GST Registered Security Services supplied to Registerd Taxable person to a body corporate is liable to pay GST under reverse Charge? |  |
Yes
Except if Service Provider is Body Corporate in Your QUERY
Recent Topics
- Eway Bill Address
- What is tds12
- SECTION 148 PROCEEDING
- GST AUDIT 01 - NOTICE
- Capital gain purchase date
- Transmission of deceased's shares in physical form
- Income tax notice but unable to file updated retur
- Income tax depreciation deductions
- GST Notice (Under Section 73)
- Asset Declaration in ITR2 for flat purchased in jo
Related Threads
Trending Online Classes
-
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
Mr.Balamurugan Ranganathan13 March 2025
CAclubindia
