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RCM on notify goods/services

RCM 281 views 3 replies
government not yet notified the goods/service and registered person who liable to pay RCM in the notification no. 02/2019

should it means the old list of goods/service and registered person which fall under RCM in old provision will be consider till the new list will notify ?
Replies (3)

the limit of 5,000 is not exist , But RCM applicable to all transactions notified by the govt.

no because govt has substitute section 9(4) that means old provision will not consider till the govt has notified list of specified goods or services and specified registered persons
No it is not applicable on alll goods and services.
the govt will notify list of goods and services.


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