Reverse charge u/s 9(4)

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This query is : Resolved

ANIMESH PANDEY (Querist)

27 June 2018 Dear Sir,

We have received services from unregistered persons (Actually a Chemist) for a value of Rs.60000 in May '18 but we have not paid GST under reverse charge on it . I think this case would fall under section 9(4) and it is deferred till 30/06/2018 ??

Pls clear our confusion

RAJA P M

RAJA P M (Expert)

27 June 2018 Yes... You are correctly point out the transaction. No need to pay GST under RCM basis

ANIMESH PANDEY

ANIMESH PANDEY (Querist)

28 June 2018 Thanx Sir . Sir what is the current status of RCM U/S 9(4). Would it effective from 1/07/2018

RAJA P M

RAJA P M (Expert)

28 June 2018 It's once again extended to 30th September 2018. But, Wait on further notifications from CBEC**

ANIMESH PANDEY

ANIMESH PANDEY (Querist)

29 June 2018 Thanx Sir , Sir is there any update on Tax on Advance ????

RAJA P M

RAJA P M (Expert)

29 June 2018 No more notifications as above...

ANIMESH PANDEY

ANIMESH PANDEY (Querist)

29 June 2018 Sir then what to do ?? Earlier tax on advance was postponded till 30/06/2018 but if there no further notification regarding this then what we should do ?? Should we implement this from 1/07/2018 or should wait for govt. notification???

RAJA P M

RAJA P M (Expert)

29 June 2018 Wait on further notifications from CBEC*

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