RCM 9(4) was deferred till 30.09.19.
Since no new notification has come to further defer that, so it should mean it becomes applicable from 01.10.19.
Is it correct?
Menu
RCM 9(4) applicable from 01.10.19 ?
Replies (5)
Not correct as interpreted by you. But it is applicable for the specified supplies; presently only over builders & developers.
In general RCM over supplies from other URD is not applicable..
That deferment notification is no more relevant because Section 9(4) itself has been amended which says - RCM shall be applicable on the specified class of registered person if he receives specified supply of goods or services or both from an unregistered supplier.
And for this, Real Estate Sector has been specified.
And for this, Real Estate Sector has been specified.
IF I GENERATE INVOICE TODAY AND DUE TO SOME REASONS GOOD ARE DISPATCHED AFTER 3 DAYS OF MAKING INVOICE. THEN WHEN SHOULD I RAISE EWAY BILL. SHOULD IT BE RAISED ON DATE OF INVOICE OR ON THE DATE OF DISPATCH. FROM WHICH DATE DATE OF VALIDITY WILL COUNT I.E FROM DATE OF INVOICE OR DATE OF EWAY BILL
Date of validity will count from date of Eway
Dear Team,
We are doing lodging business.
Our major customer Ms.BHEL,Karnataka. They are in ISD. we are raised with Tax of GST. But they are told you are not raised with tax bill.
You are raised only service (Basic) amt only.
This is correct or not..
If we will pay tax and get about the revise or refund..
Kindly if any have about notice, pls share it..
Recent Topics :
- Query on scenario related to FAST DS 2026
- Audit Executive (Remote, India) - Ace Auditing Off
- GST Transaction On Used Clothing
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
Related Topics :
CAclubindia
