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Reverse Charge Mechanism
Business entity making supply other than specified states and the has turnover less than 20 lakhs , required to get compulsory registered if it receives services covered under RCM ?
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| Originally posted by : Abhijit | ||
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Business entity making supply other than specified states and the has turnover less than 20 lakhs , required to get compulsory registered if it receives services covered under RCM ? |  |
No... In Current Scenario.
But, as per section 24(iii) , compulsory required if it receives gets services chargeble under reverse charge
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