Reverse Charge Mechanism (Rcm) Provisions Deferred Till March 31, 2018


GST Payer
watch_later 3 years, 4 months ago

A good news for every GST tax payer.

RCM provisions are deferred till 31/03/2018.

A big relief for small tax payers.

Will share the more updates on this once papers are out.

Post your questions related to this in comment will answer each of these.

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    Good decision - Kishore Patel
    The GST collected on RCM must be made ineligible for deduction from GST payable. Then the purpose will be served. Otherwise it is a meaningless provision creating kirikiri to the Dealer - Vasanth Shanker
2 Answers

anonymous user watch_later 3 years, 4 months ago
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Whether RCM on normal expenses (purchases from unregistered person) or every RCM provisions are deferred, example RCM on GTA services?

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anonymous user watch_later 3 years, 4 months ago
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Have to wait for conference before final call. This is a really good announcement.

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