GST RCM on contractual consultant who works as like our empoyee role.
We have signed two person to work as an employee.
We booked their payments as an professional fees because we made contractual agreements to not count them as an employee.
I want to know whether should I pay GST RCM on this.
There is no GST RCM applicable on contractual consultants. If the individuals are functioning like employees, their services fall under Schedule III, and no GST is payable at all. If they are genuine independent consultants, GST applies under forward charge @ 18%, not RCM. Merely calling someone a consultant in an agreement does not decide GST—the real nature of the relationship does.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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