Ignore prompt on liability for inward supplies attracting RCM
Source: GSTN / News and Update date 19.12.2020 Extract from the update in as below:19/12/2020 The system has started providing…
Category: Reverse Charge Mechanism (RCM)
Refund of IGST paid on Ocean Freight under RCM
M/s. Gokul Agro Resources Ltd. has filed a writ petition in the Hon’ble Gujarat High Court, requesting, inter-alia, to grant…
IGST IS NOT APPLICABLE ON OCEAN FREIGHT UNDER RCM
GST is payable by a registered person supplying the goods or services or both. However, there is a provision under…
Services covered under Reverse Charge Mechanism (RCM) under GST
Section 9(3) of CGST Act, 2017 provides that “The Government may, on the recommendations of the Council, by notification, specify…