This discussion clarifies the Goods and Services Tax (GST) rates applicable under the Reverse Charge Mechanism (RCM) for various services. Generally, GTA (Goods Transport Agency) services attract an RCM rate of 5%. For most other services, including advocate, security agency, and rental of residential or commercial property, the RCM rate is 18%.
07 February 2025
GST under RCM paid at which rate on diffrent services received like Advocate services, GTA, security Agency services, Residential and commercial property taken on rent, etc.