RCM on Legal Fee

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Finance Manager
49 Points Posted on 25 August 2020
What is GST rate for RCM on Legal Fee ?
Please advise.
Thanks & regards,
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On 25 August 2020 at 15:35 Report
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Quick Summary
This discussion clarifies the applicable GST rate for legal fees when the Reverse Charge Mechanism (RCM) is involved. The consensus is that the GST rate is 18%. It also touches upon the process of paying this RCM liability to ensure that Input Tax Credit (ITC) can be claimed.

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Accountant
61 Points Posted on 25 August 2020
RCM on legal fees is 18 %.
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On 25 August 2020 at 15:37
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Tax and Business Consultant
11616 Points Posted on 25 August 2020
Applicable rate of GST on RCM on legal fee is 18%.
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On 25 August 2020 at 18:14
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manager accounts - operations
39 Points Posted on 21 December 2022

HOW TO PAY THE RCM LIABILITY SO THAT WE CAN GET ITC

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On 21 December 2022 at 14:05

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