GST Under RCM payable by a company

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This discussion clarifies GST Reverse Charge Mechanism (RCM) applicability for companies. If a service receiver's turnover is below 20 lakhs and they don't have a GST number, they won't charge GST. However, if the supplier is GST registered, they will charge GST to all customers, regardless of the receiver's GST status, meaning RCM is not applicable in this scenario.

Daya

Daya (Querist)
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16 July 2022 whether GST under RCM payable by a company whether service receiver company turnover below 20 Lacs.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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18 July 2022 If service receiver company turnover below 20 lakhs, and not having GST no.; than it will not charge GST.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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18 July 2022 And if supplier is GST registered company, it will charge GST to all including the non=GST registered company. There is no RCM applicable anywhere.

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