RCM applicability

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138 Points Posted on 18 July 2020
Exempted goods k case m RCM applicable hoga kya
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On 18 July 2020 at 13:44 Report
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Quick Summary
This discussion clarifies whether the Reverse Charge Mechanism (RCM) is applicable to exempted goods. The consensus is that RCM does not apply to goods that are already specifically exempted from tax. Since no tax is leviable on exempted goods, the question of RCM or forward charge becomes irrelevant.

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GST Consultant
15986 Points Posted on 18 July 2020
When the goods are exempted specifically then there is no tax, it doesn't matter whether it is RCM or Forward charge.
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On 18 July 2020 at 23:44
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Student
23693 Points Posted on 19 July 2020
No Dipesh Sir...

RCM एप्लीकेबल नहीं होगा । जब माल ही एक्सएम्प्टेड है, RCM का कोई प्रशन ही नहीं होगा ।।।

धन्यवाद ।।।
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On 19 July 2020 at 01:27
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273 Points Posted on 19 July 2020
RCM includes only those notified supplies over which tax need to be paid. so no exempted supply is notified in rcm
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On 19 July 2020 at 21:42

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