OTHER THEN PURCHASE ON WHICH DIRECT OR INDIRECT EXP. RCM APPLICABLE AND ON WHICH RATE.
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Rcm applicable on
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Supply of services under reverse charge mechanism under:
| S. No. | Descripttion of supply of Service | Supplier of service | Recipient of service | Notification No. |
| 1 | GTA Services [who has not paid central tax at the rate of 6%] | Goods Transport Agency (GTA) | Any factory, society, cooperative society, registered person, body corporate, partnership firm including LLP, casual taxable person;
located in the taxable territory |
Notification No. 13/2017- Central Tax (Rate) dt 28th June, 2017
1Inserted vide Notification no 22/2017- Central Tax (Rate) dt 22nd August, 2017 |
| 2 | Legal Services by advocate | An individual advocate including a senior advocate or firm of advocates | Any business entity located in the taxable territory | –do– |
| 3 | Services supplied by an arbitral tribunal to a business entity | An arbitral tribunal | Any business entity located in the taxable territory | –do– |
| 4 | Services provided by way of sponsorship to any body corporate or partnership firm | Any person | Any body corporate or partnership firm located in the taxable territory | –do– |
| 5 | Services supplied by the Central Government, State Government, Union territory or local authority to a business entity excluding, –
(1) renting of immovable property, and (2) services specified below- (i) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Central Government, State Government or Union territory or local authority; (ii) services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport; (iii) transport of goods or passengers. |
Central Government, State Government, Union territory or local authority | Any business entity located in the taxable territory | –do– |
| 5A | Services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property to a person registered under the CGST Act, 2017 | Central Government, State Government, Union territory or local authority | Any person registered under the CGST Act, 2017 | Inserted vide Notification No. 3/2018 – Central Tax (Rate) dt 25.01.2018 |
| 6 | Services supplied by a director of a company or a body corporate to the said company or the body corporate | A director of a company or a body corporate | The company or a body corporate located in the taxable territory | Notification No. 13/2017- Central Tax (Rate) dt 28th June, 2017 |
| 7 | Services supplied by an insurance agent to any person carrying on insurance business | An insurance agent | Any person carrying on insurance business, located in the taxable territory | –do– |
| 8 | Services supplied by a recovery agent to a banking company or a financial institution or a non-banking financial company | A recovery agent | A banking company or a financial institution or a non-banking financial company, located in the taxable territory | –do– |
| 9 | Supply of services by an author, music composer, photographer, artist or the like by way of transfer or permitting the use or enjoyment of a copyright covered under section 13(1) (a) of the Copyright Act, 1957 relating to original literary, dramatic, musical or artistic works to a publisher, music company, producer or the like | Author or music composer, photograph her, artist, or the like | Publisher, music company, producer or the like, located in the taxable territory | –do– |
| 10 | Supply of services by the members of Overseeing Committee to Reserve Bank of India | Members of Overseeing Committee constituted by the Reserve Bank of India | Reserve Bank of India. | Inserted vide Notification No. 33/2017 – Central Tax (Rate) dt 13.10.2017 |
any goods?
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