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…