Reverse change on gst from april 2018

Extended Upto 30th June 2018...



II. Reverse Charge Mechanism:

Tax payable under Reverse Charge Mechanism (RCM) under section 9(4) of the CGST Act, 2017 was deferred up to 31.03.2018 vide Notification No. 38/2017 - Central Tax (Rate) dated 13th October, 2017. Liability to pay tax ha been further deferred till 30.06.2018 and a Group of Ministers will look in to the modalities and ensure smooth implementation without causing inconvenience to Trade and Commerce.