RCM on Patent

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Practice
23 Points Posted on 20 March 2020
Whether "patent" expenses comes under reverse charge under gst???
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On 20 March 2020 at 17:00 Report
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) treatment for patent expenses. It confirms that patent expenses do not fall under the reverse charge mechanism. Instead, they are subject to the forward charge as per the relevant GST notifications.

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GST Practitioner
55067 Points Posted on 20 March 2020
No....... As per Notification 11/2017 CT (R) (Amended Notification 41/2017 CT(R)) it's in Forward Charge
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On 20 March 2020 at 20:33
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Chartered Accountant
12739 Points Posted on 20 March 2020

NO , not under RCM 

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On 20 March 2020 at 20:52

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