List of services covered under rcm
Web4 apr. 2024 · Under GST, there are three types of reverse charge scenarios, which are: i. Nature of Supply/Nature of Supplier. The reverse charge mechanism is applicable upon the nature of the given goods/services as notified by CBIC which will be covered under RCM. This scenario is covered by section 9 (3) of the CGST/SGST (UTGST) Act and … Web26 okt. 2024 · Recipient of the said service. 1. Any service by an individual who does not fall into the taxable category. Any person located in a non-taxable region. Any individual who is a resident of a taxable territory other than non-taxable online receiver. 2. GTA Service. The GTA Agency who has not paid around 12% tax.
List of services covered under rcm
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Web1 okt. 2024 · Major services that are covered under RCM: Supply from unregistered person to registered Services through an e-commerce operator Supply of certain goods and services specified by CBEC GTA services Legal services by advocate Services supplied by an arbitral tribunal to business entity WebUnder section 9 (3) of the CGST Act, 2024, this scenario is covered. According to this section, the GST council's categories of goods and services will come under the RCM in GST. In simple words, the recipient receiving any specific type of goods/services will be liable to pay GST instead of the supplier. List of Goods under RCM in GST
Web26 jan. 2024 · List of services under RCM in GST Following is the list of services where the recipient of services shall be liable to pay GST under reverse charge:- All the goods …
Web2 aug. 2024 · Who is liable to pay GST under RCM. Notification No. 13/2024- Central Tax (Rate) dated 28.06.2024 notifies the category of services where GST is to be paid under RCM by the recipient of services. Therefore, the recipient of GTA services shall be liable to pay GST under reverse charge. WebList of Services Covered Under `RCM` List of Services Covered Under `RCM` Log In. Log In. Forgot Account? Gst Solutions · May 31, 2024 · List of Services Covered Under `RCM` All reactions: 2. 3 shares. Like. Comment. Comments. See more of Gst Solutions on Facebook. Log In. or ...
Web22 jan. 2024 · List of Services covered under RCM in GST by CA Neeraj Jawla 2 months ago 92 views 0 According to Section 9 of the CGST Act, 2024, the government …
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