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RCM under forward charge.
Under RCM if we wishes to provide services under forward charge rate @ 12% so in this case RCM will be applicable or not in case of body corporate.
Replies (3)
What type of service you want provide , please clarify ?.
Renting of motor vehicle
No, rcm will not be applicable. You will have to pay tax under forward charge as specified in Notification No. 29/2019- Central Tax (Rate)
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