We are exempt service provider in medical profession. If we take a consultation from a Medical consultant in USA whether RCM is chargeable?
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Quick Summary
This discussion clarifies whether GST Reverse Charge Mechanism (RCM) applies to an exempt service provider in the medical profession importing consultancy services from a US-based doctor. While initial thoughts suggested exemption, the consensus leans towards RCM being applicable as the foreign consultant isn't registered under Indian law. However, a counterpoint argues that RCM doesn't apply to exempted services, making the situation complex.
We are into diagnostic laboratory business. which is exempt under GST. We are taking consultancy from a doctor based in USA towards some medical assistance. So are we liable to RCM under GST? If no, Pls provide a legal backing for the same.
Dear Vatsal RCM is not applicable on Exempted goods or Services. As the medical consultancy is Exempted by Notification 12/2017 CT (R) , So No RCM attracts.
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