Menu
Latest update on rent a cab rcm
can you please explain latest update on rent a cab with example
Replies (1)
RCM is applicable Only if Following condition Fulfilled .:
1. Recepient is Body Corporate
2. Supplier is not Body corporate.
3. ,Supplier has Opted the scheme of 5% (without ITC ) refer Notification 11/2017 CT (R)
So RCM is applicable only if all the above conditions is fulfilled
(Refer Notification 22/2019 CT(r))
1. Recepient is Body Corporate
2. Supplier is not Body corporate.
3. ,Supplier has Opted the scheme of 5% (without ITC ) refer Notification 11/2017 CT (R)
So RCM is applicable only if all the above conditions is fulfilled
(Refer Notification 22/2019 CT(r))
Recent Topics :
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
- Difference in TIS
- GSTR-9C Upload Status Error Occured
- “Income Tax Implications of Company-Related
- Advice needed: Hypothetical case of non-filing of
- Demand Raised for Cess Amount Despite Section 89 R
- WRONG BILL NO FILED IN GST R1
- Addtional trade name for my another firm
- Commission / Agency Business without books: REAL E
Related Topics :
CAclubindia
