Reverse charges

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Accounts
528 Points Posted on 02 April 2021
Is RCM applicable if service received from unregistered person for business less 50 lack
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On 02 April 2021 at 21:52 Report
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This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) when receiving services from unregistered persons. Generally, RCM is not applicable if the supplier's turnover is below £50 lakh, unless specific exemptions under Section 9(4) apply, particularly for real estate developers.

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GST Practitioner
55067 Points Posted on 04 April 2021
No......... no RCM Applicable
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On 04 April 2021 at 01:02
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309 Points Posted on 04 April 2021
No RCM will be applicable, provided you are not covered in any of the cases as prescribed u/s 9(4) for real estate developers
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On 04 April 2021 at 16:06

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