Reverse Charge Machnism



Sir Reverse charge applicable on 2019-20
 
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Yes, specified services like GTA, legal, director fees, etc. i.e., notified under 9(3)
No reverse charge for procurements from unregistered persons.
 
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Reverse Charge applicable on certain Goods or Services which are notified in Section 9(3)
RCM can't be utilised for ITC , It is Output tax liability
 
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GST Certification Course



Tax paid under reverse charge can be availed as ITC is eligible. Then it can be utilised for making payment of output tax.
 
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Student CA Final

whether RCM applicable while making paymet of director remuneration ? please guide
 
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If it is in the nature of salary, then Not applicable.
 
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