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RCM in GST

RCM 400 views 6 replies

is RCM is applicable for the GST supplies from July to October 2017

Replies (6)

No, RCM isn't eligible for July-Oct 17 since it's implementation has been deferred by CBIC upto 30th sep 2019! 

Purchases made from unregistered supplier was liable to RCM till 12th Oct 2017 if amount per day is more than Rs. 5000. Thereafter gvt deferred such provision. So till 12th Oct, RCM was applicable
RCM in vase of purchase from unregistered suppliers (Sec 9(4)) was applicable till 13th Oct 17. So purchase after 13th oct 17 is exempt.
RCM in case of notified goods & services continues to applicable from 1st Jul 17 to ...
Provision  of section 9(4)- liability of GST under reverse charge on inward supply from unregistered has only been deffered till 30th Sep 2019.
but Services covered under section 9(3) ie GTA, Advocate Services when avail , the RCM has to be done .

YES RCM IS APPLICABLE.

 

I think those who said RCM is applicable are right, because for the period July to 13th of October RCM was not deferred


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