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Rcm effect from

This query is : Resolved 

18 May 2018 Sir/Mam,

RCM is effect from july 1st it is correct or not I am not able to understand please kindly help me and RCM Effects which expenditure

Thanking you

19 May 2018 Reverse charge is levied as follows:
1. Notified goods and/ or services under Section 9(3) - such as GTA, advocate, director, etc. This has always been in effect and never exempted. So this is applicable even now.
2. Supply by an unregistered supplier to registered supplier under Section 9(4). This has been exempted till 30th June,, 2018. So it will be applicable from 1st July, 2018.

19 May 2018 Thank u for your reply

19 May 2018 You are most welcome.


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