18 April 2019
Notification No.01/2019 – Central Tax (Rate) and amended section 9(4) of CGST Act. has been issued by Government regarding RCM Applicability
As per the notification RCM under section 9(4) - from unregistered supplier will be applicable to only to notified registered person or specified category of goods & services .
Govt specified applicability of RCM on specified services of real estate sector vide notification No. 5 dt 29 March 2019 .
18 April 2019
List of Services where RCM is applicable incorporating amendments w.e.f 01 Apr 2019 1.) Goods Transport Agency (GTA) 2.) Legal Services 3.) Services of arbitral tribunal Applicability 4.) Sponsorship Services 5.) Where Services are Supplied by Government 6.) Where Services are Supplied by Government 7.) Services provided by Director of a Body Corporate 8.) Services provided by insurance agent 9.) Services provided by recovery agent 10.) Services of Author or music composer, photographer, artist, or the like 11.) Services of Members of Over-seeing Committee constituted by the Reserve Bank of India 12.) Services of Individual Direct Selling Agents (DSAs) other than a body corporate, partnership or limited liability partnership firm.
13.) Business facilitator (BF) 14.) An agent of business correspondent (BC) 15.) Security services
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