gst reverse charge related query
Mayank Maheshwari (2 Points)
09 July 2017
what is reverse charge in gst ?
7 Replies
NITIN KOTAK
(SERVICE)
(1465 Points)
Replied 09 July 2017
Normaly Tax will be paid by service provider, but some transaction specified by Government in which tax liabilities on service receiver, which transaction called Reverse Charge Mechenisum.
Balwinderjeet Rihan
(11 Points)
Replied 09 July 2017
if annual brokerage or consultancy fee is below 20 lakhs and i m unregistered dealer. in that case how the reverse charge mechanism will apply? who will pay GST service provider or receiver?
NITIN KOTAK
(SERVICE)
(1465 Points)
Replied 09 July 2017
unregister dealer cannot liable for any statutory liabilities.
i.k.patel
(tax consultant)
(43 Points)
Replied 12 July 2017
reverse charge in gst means tax payable by receiver of goods or service.
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