Post by: Sreeram Viswanath in GST
GST Reverse Charge Transactions GST reverse charge mechanism, (RCM) as the name suggests, means the liability of tax is with the recipient of goods or services, rather than the supplier. GST is applicable on reverse charge basis for certain transactions…
Post by: IndiaFilings in GST
GST Reverse Charge Under GST, reverse Charge means the liability to pay tax rests with the recipient of supply instead of the supplier. In a reverse change, the liability to pay GST becomes reversed. Hence, such transactions are called reverse…
