RCM Applicable for GST Dealer

RCM 412 views 12 replies

is RCM APPLICABLE FOR GST DEALER

Replies (12)
Same will be suspended in todays meeting upto April 2018.
Rashmi mam Please elaborate
RCM rules u/s 9(4) of CGST Act & 5(4) of IGST act removed

So same is not applicable till March 2018.

But for earlier month you have to pay GST under RCM.
Recommendation made by the GST Council in its 22nd Meeting held today under Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley in the national capital.

Quote
6. The reverse charge mechanism under sub-section (4) of section 9 of the CGST Act, 2017 and under sub-section (4) of section 5 of the IGST Act, 2017 shall be suspended till 31.03.2018 and will be reviewed by a committee of experts. This will benefit small businesses and substantially reduce compliance costs.
Unquote

Above recommendation is under consideration.
rcm related
rcm related to section 9(4) of chat act &
rcm covered by 9(4) of cgst act removes
but rcm under section 9(3) is still applicable
Its applicable from October. Its applicable both in CGST/SGST OR IGST...Pls confirm
Yes applicable from October on CGST,SGST& IGST
I required to pay reverse charge for July August.
for rent unregistered
You have to pay it.... as such RCM abolished from Oct
Mr Prasad.,
July to September RCM is applicable. Changes from 1st October...


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