Reverse Charge Mechanism
Rushang Mehta (7 Points)
26 June 2017For eg : A small stationery bill of Rs 500 on which Rs 90/- needs to be paid by the receiver of goods to govt. Can he avoid the payment if he does not wish to make the credit of 90/-
Rushang Mehta (7 Points)
26 June 2017
CA Gaurav Ajit Potdar
(Chartered Accountant)
(846 Points)
Replied 26 June 2017
Registered dealers have to make payment of GST on RCM, if they purchase from URD dealers irrespective of wether they are going to avail credit in future or not.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)