We are taking cloud services and advertisement services from outside India.
Can any one tell me provisions relating to RCM on the above services
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RCM on Import of Services
Replies (3)
Quick Summary
Yes as per it is covered under section 7 of CGST Act and tax to be paid under reverse charge.
Entry 1 of notifications 10/2017-IT(R) requires payment of GST under reverse charge
That rcm paid can be refundable or not
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