if a person is required to register under reverse charge in gst whether he is also required to pay gst on his outward supplies as well even if he is not required to register under section 22?
eg if person has aggregate turnover of 15 lakhs and he receives services from senior advocate. now he is required to pay tax under RCM on services taken from senior advocate as turnover exceeds 10lakh but now whether he is also required to pay gst on outward supplies of 15lakh as well?
Menu
regarding RCM
Replies (1)
No, you are not required to pay GST on your outward supplies till you exceed the threshold limit of Rs. twenty lakhs. Whatever tax you have paid under RCM, is cost to you.
Recent Topics :
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
Related Topics :
CAclubindia
