Goods and Services under Reverse charge as on 1st March 2020

Last updated: 09 March 2020

Save Share

Quick Summary

This article provides a comprehensive list of goods and services that were subject to the Reverse Charge Mechanism (RCM) as of March 1st, 2020. It details specific items like cashew nuts, tobacco, and silk yarn, along with various services including GTA, advocacy, and security services, noting their respective effective dates under RCM.

Here is a tabular representation showing the goods and services that will be charged under the Reverse Charge Mechanism as on 1st March 2020. The table also shows the effective date of the same.

For Goods
S.No.	Particular	Effective date
1.	Cashew nuts, not shelled or peeled	01/07/2017
2.	Bidi wrapper leaves (tendu)	01/07/2017
3.	Tobacco leaves	01/07/2017
4.	Silk yarn	01/07/2017
5.	Supply of lottery	01/07/2017
6.	Used vehicles, seized and confiscated goods, old and used goods, waste and scrap to Government or local authority	13/10/2017
7.	Raw Cotton	15/11/2017
8.	Priority Sector Lending Certificate	28/05/2018
For Service
1.	Supply of service by GTA	01/07/2017
2.	Advocacy Services	01/07/2017
3.	Service by Arbitral Tribunal	01/07/2017
4.	Sponsorship Services	01/07/2017
5.	Services by Central Government, State Government, Union territory or local authority	01/07/2017
6.	Services by Director (Except as a employee)	01/07/2017
7.	Services by insurance agent	01/07/2017
8.	Service by Recovery agent	01/07/2017
9.	Services by an author, music composer, photographer, artist	01/07/2017
10.	Supply of services by the members of Overseeing Committee to Reserve Bank of India	13/10/2017
11.	Renting of immovable property by Government or local authority	25/01/2018
12.	Services supplied by individual Direct Selling Agents (DSAs)	27/07/2018
13.	Services provided by business facilitator (BF)	01/01/2019
14.	Services provided by an agent of business correspondent (BC)	01/01/2019
15.	Security Services	01/01/2019
16.	Services supplied by any person by way of transfer of development rights or Floor Space Index (FSI)	01/04/2019
17.	Long term lease of land (30 years or more) by any person against consideration in the form of upfront amount	01/04/2019
18.	Services provided by way of renting of a motor vehicle provided to a body corporate	01/10/2019
19.	Services of lending of securities under Securities Lending Scheme, 1997	01/10/2019
20.	Services provided by way of renting of any motor vehicle designed to carry passengers where the cost of fuel is included in the consideration charged	01/01/2020
21.	Any service supplied by any person who is located in a non-taxable territory to any person other than non-taxable online recipient.	01/07/2017
22.	Services supplied by a person located in non- taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India	01/07/2017

21.	Any service supplied by any person who is located in a non-taxable territory to any person other than non-taxable online recipient.	01/07/2017
22.	Services supplied by a person located in non- taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India	01/07/2017