what is reverse charge mechanism?
which expenses or services include in rcm?
how effect rcm in gstr-2&3?
under section 9(3) the gov. notified some supplies for which the tax will be payable by the receiver and not by the supplier .
this is rcm
under section 9(4) it is provided that if u procured goods or services from unreg. dealers and if u r reg. then u have to pay tax under rcm.
exept salary electricity staff welfare almost all the exp are covered if the supplier is unreg. and recepient is reg.
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