This discussion clarifies when Reverse Charge Mechanism (RCM) needs to be deposited under GST. It addresses queries regarding shortfalls from the 80% threshold limit on inward supplies, specifically in relation to the March-ending GST return filing period. The conversation aims to provide clarity for work contractors and builders/developers on their RCM obligations.
Can elaborate your query. RCM builder/developer ki baat Kar rahey ho on short fall from threshold limit of 80% on inward supply......... kindly clarify