IS RCM IS APPLICABLE ??

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ACCOUNTS MANAGER
2213 Points Posted on 05 February 2021

Is RCM is Applicable on Repairing & Maintenance Charges ?

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On 05 February 2021 at 14:49 Report
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Quick Summary
This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) to repair and maintenance charges. It states that RCM is generally applicable to work contracts. However, it specifically excludes repair work that does not involve the supply of materials from RCM coverage.

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Chartered Accountant
24588 Points Posted on 05 February 2021
No only work contract is covered in RCM and other repair work without material is not under RCM.
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On 05 February 2021 at 18:55
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ACCOUNTS MANAGER
2213 Points Posted on 06 February 2021

THANK YOU .... .... .....

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On 06 February 2021 at 16:18

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