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RCM in GST

RCM 425 views 6 replies
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student
24 Points Posted on 05 September 2018

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

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On 05 September 2018 at 22:08 Report
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intern
2216 Points Posted on 05 September 2018

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

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On 05 September 2018 at 22:12
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1545 Points Posted on 05 September 2018
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
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On 05 September 2018 at 22:55
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ca
221 Points Posted on 05 September 2018
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 ...
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On 05 September 2018 at 22:55
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24196 Points Posted on 05 September 2018
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 .
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On 05 September 2018 at 23:54
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JOB
195 Points Posted on 06 September 2018

YES RCM IS APPLICABLE.

 

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On 06 September 2018 at 18:11
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student
24 Points Posted on 06 September 2018
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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On 06 September 2018 at 18:46


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