Menu
Reverse Charge
No... its defined for specific scenarios
Please google it. .
No not to all transactions It is applicable to specified supply of goods/services
Reverse charge mechanism(RCM) is applicable on recipient for specified services such as GTA services, sponsorship service to firm/corporate, import of service, legal services supplied to business entity
Other than above, RCM on taxable supplies of goods/services by unregistered persons from 1st July 2017 to 12th Oct 2017. On hold from 13th Oct 2017 to 30th September 2019.
Credit of RCM can be availed to extent related to taxable supplies /exports done by recipient
No not to all transactions It is applicable to specified supply of goods/services
Reverse charge mechanism(RCM) is applicable on recipient for specified services such as GTA services, sponsorship service to firm/corporate, import of service, legal services supplied to business entity
Other than above, RCM on taxable supplies of goods/services by unregistered persons from 1st July 2017 to 12th Oct 2017. On hold from 13th Oct 2017 to 30th September 2019.
Credit of RCM can be availed to extent related to taxable supplies /exports done by recipient
but notification no. 29/2018 CGST (Rate) Dt. 31/12/2018
Some specific services inserted after Sl no 11 that may be applicable under reverse Charge.
| Originally posted by : Suman Roy | ||
 |
GST Registered Security Services supplied to Registerd Taxable person to a body corporate is liable to pay GST under reverse Charge? |  |
Yes
Except if Service Provider is Body Corporate in Your QUERY
Recent Threads
- Exploring E-Invoicing and Automation: Transforming
- Tax Filing 2026
- Best CA Inter Costing classes
- Best CA foundation classes
- Best CA coaching in Laxmi Nagar
- TDS on DDA Flat Purchase
- Can CA Foundation be done without coaching
- Department issue notice to client to pay TC
- Income from profession less than 50 Lakhs
- Discover the Best CA Classes in Delhi for a Succes
Related Threads
CAclubindia
