Menu
RCM purpose can anyone?
what is the purpose of me paying RCM and again claiming in next month?
Replies (2)
RCM pay only cash payment because RCM not adjusted electronic credits ledger. but you can claim itc next month this itc can be added electronic credit ledger.
Thanks & Regards
Rajat Kumar
Thanks & Regards
Rajat Kumar
In RCM list, almost all services are provided by small businessmen those who are not crossed threshold limit for gst registration.
Thats why rcm concept was introduced that such services also get taxed.
Thats why rcm concept was introduced that such services also get taxed.
Recent Topic
- Section 192 2(b) entry in IT return ITR 1
- Rent from redevelopment property
- How to find FMV of inherited gold after selling it
- Happy CA Day!!
- Share your proudest CA moment 🏆
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
Related Topics
CAclubindia
