RCM to be paid

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189 Points Posted on 23 July 2024
Is paid RCM for freight charges ?
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On 23 July 2024 at 20:29 Report
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Quick Summary
This discussion clarifies whether the Reverse Charge Mechanism (RCM) is applicable to freight charges. The consensus is yes, RCM is payable on freight. Specifically, RCM applies at a rate of 5% in situations where forward charges are not present.

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435 Points Posted on 24 July 2024
YES ...
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On 24 July 2024 at 11:11
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2 Points Posted on 26 July 2024
In the absence of forward charges, RCM at 5%.
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On 26 July 2024 at 14:42

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