RCM applicability

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Accountant
34 Points Posted on 09 May 2020
if a registered person purchase service from a CA ( AUDIT SERVICE ). who is unregistered.
is tax levied?
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On 09 May 2020 at 20:59 Report
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This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) for audit services. It confirms that RCM does not apply to audit services, as they are not specifically notified under Section 9(3) or 9(4) of the CGST Act, 2017. Therefore, if a registered person purchases audit services from an unregistered Chartered Accountant, GST is not levied under RCM.

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Assistant Manager
118 Points Posted on 09 May 2020
No RCM is not applicable on audit service since this is not a notified service under RCM.
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On 09 May 2020 at 21:05
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Accounts Manager
298 Points Posted on 10 May 2020
Audit Service is not covered u/s 9(3) of CGST Act,2017. Hence No RCM.
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On 10 May 2020 at 02:13
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61 Points Posted on 10 May 2020
Audit service is not notified under section 9(3),9(4).of GST act 2017 hence RCM will not be applicable.
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On 10 May 2020 at 15:44

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