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suspension of RCM

GST: Govt extends suspension of RCM till next one year

The suspension of RCM would now be valid till September 30, 2019, the Central Board of Indirect Taxes and Customs (CBIC) has announced. NEW DELHI, In a business-friendly move, the govt has extended the suspension of RCM on purchase of services or goods by registered dealers from unregistered dealers within the state till September 30, […]

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Reverse Charge mechanism

All About Reverse Charge Mechanism Under GST

What is Reverse Charge Mechanism? Under Reverse Charge mechanism is the beneficiary of the good and services is liable to pay the tax instead of the provider of the goods or services in respect of specified categories of supplies.

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