Rcm on royalties on mining.

Does royalty on mining of stones comes under RCM ,if so what is the % of rcm
pls reply.
Replies (2)
Quick Summary
This discussion clarifies that the Reverse Charge Mechanism (RCM) does indeed apply to royalties on the mining of stones. The current Goods and Services Tax (GST) rate applicable in such cases is 18%.

Yes RCM is applicable. Present GST rate is 18%

Thank you...

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