As per Notification 38/2017 (Central Tax Rate) dated 13the October 2017, the Exemption contained in the Notification No.8/2017-Central Tax (Rate) dated the 28th June 2017 as amended by this notification shall apply to all registered persons till the 31st day of March 2018. As per my understanding, this notification exempts from Reverse Charge u/s 9(4) of CGST Act, 2017 till 31st March 2018 to all registered persons irrespective of value. Further the notification does not carry any effective date, hence the exemption is effective from 28th June 2017. Are my understandings correct?
Menu
Exemption from reverse charge till 31st march 2018
Replies (2)
rcm is not appicable from Oct 2017 (NOT FROM 28-06-2017 AS YOU SAID)
and it is postponed till 31-03-2018 .
@ Mr. PARAMESH.,
I appreciate you... Also your view is Good.
As per above notification wide meaning is exactly your understandings...
The notification 38/2017 is based notification 8/2017. So, The suspended date is from the date of implementation.
But, No more clarity for the Notification also very Doubtful...
So, Wait on further clarity....
>>> GOOD LUCK <<<
Recent Threads
- Can wife claim TCS refund
- Which ITR form to use for reporting of Outward For
- Filing of tax return online
- CREDIT NOTE REJECTED IN IMS SYSTEM
- HELP NEEDED ON FORM 26QB
- Pan card request for Self help group
- EFILING ITR2 FROM COMMON FILING UTILITY
- What is the role of a Pay Per Click company in dig
- If I paid advance to party for purchase in m
- Deduction of TDS certificate
Related Threads
CAclubindia
