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RCM Under VAT
Dear experts kindly advise me the booking and claiming entries of the import purchase under RCM
Replies (6)
Reverse Charge Machanism dose exists in VAT regime .
Please correct my above reply , RCM dose not exist in VAT regime .
Under Oman VAT article 151 deals with the RCM
Sir , Two different countries have , different taxation policy .
Sorry I forgot to mention the country. please advise
Sir , I have to study your VAT law of Oman , as same has been new and introduced last year .
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