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gst reverse charge related query
what is reverse charge in gst ?
Replies (7)
Chanel dal
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.
good thord
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?
unregister dealer cannot liable for any statutory liabilities.
any means GST
reverse charge in gst means tax payable by receiver of goods or service.
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