those who are under the scheme of reverse charge mechanism of service tax are they liable to register under GST?
Abhishek Das (3 Points)
30 March 2017those who are under the scheme of reverse charge mechanism of service tax are they liable to register under GST?
Madhukar N Hiregange
(Chartered Accountant)
(38934 Points)
Replied 30 March 2017
Those liable under Reverse Charge - No doubt that they are liable as they have no exemption. Need to register.
CA Prakash N
(Head - Indirect Tax (GST & FTP))
(373 Points)
Replied 31 March 2017
Rajesh Kumar
(Advocate- Tax)
(7806 Points)
Replied 03 April 2017
The law is not clear on this point yet.
The ambit of reverse charge has been expanded a lot through Section 8(4) of the CGST Act. It says that Central Tax with respect to all goods or services or both, supplied by an unregistered person to a registered person shall be paid by the registered person under reverse charge mechanism.
We need to wait for Rules/Notifications before things become clear on these point.
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