Jyothis (Article) 04 July 2016
Security services chargeable to ST RCM under full reverse charge.
Service period April & May 2016 & invoice dated Apr & May.
Service reciver paid such charges during June 2016
In light of Notification no.21/2016 2nd amendment of P.O.T rules-> if P.O.T is date of invoice is it necessary to pay RCM liability within 6th May 2016 & 6th June in case of invoice dated before 1st June.
Or if RCM liability in above case is booked on payment date i.e June 2016->what is the rate at which RCM needs to be paid before 6th July in case of a company being service receiver.
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