GST on AMC
Rajesh Kayal (17 Points)
18 July 2017
Can i pay GST through RCM if AMC work done by an unregister party?
8 Replies
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 18 July 2017
Use Below Mentioned Link
https://www.cbec.gov.in/resources//htdocs-cbec/gst/list-of-services-under-reverse-charge-2.pdf;jsessionid=94B5DB47CE1FAEA821E38F1BAE63C01C
TOTON GHOSH
(3 Points)
Replied 19 July 2017
You have to pay GST @ 18 % on AMC amount as Reverse charge machanism ( RCM ) if u taking any service from unregistered dealer.
Kaushik Deepak (KD)
(Deputy Finance Manager)
(1136 Points)
Replied 19 July 2017
YES,
As per Section 2 (119) of CGST Act, 2017 “works contract” means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract.
Kaushik Deepak (KD)
(Deputy Finance Manager)
(1136 Points)
Replied 19 July 2017
| Originally posted by : kaushik deepak | ||
 |
YES, As per Section 2 (119) of CGST Act, 2017 “works contract” means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract. |
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