RCM Invoice issue

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Accounting & Investments
100 Points Posted on 10 September 2022
Can a registered person issue to RCM invoice to other registered person for giving services which attracts 18% GST ?
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On 10 September 2022 at 17:54 Report
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Quick Summary
This discussion clarifies the rules around issuing Reverse Charge Mechanism (RCM) invoices for services attracting 18% GST. It explains that an RCM invoice can only be issued to another registered person if the services are specifically covered under RCM provisions. The conversation also touches upon the RCM GST tax payable on transport services, noting it is 5%.

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Practicing Chartered Accountant
119 Points Posted on 10 September 2022
Only if those are specified services covered under RCM. Otherwise it was not possible
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On 10 September 2022 at 18:41
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3 Points Posted on 11 September 2022
How much rcm gst tax pay to government in transport
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On 11 September 2022 at 00:18
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tax consultant
3306 Points Posted on 11 September 2022
5% rcm tax
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On 11 September 2022 at 21:42

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