In today’s Good and Service Tax regime, the reverse charge mechanism has emerged as a much-talked topic. In general, the supplier of the goods and
Per normal GST rules, the suppliers of goods and services are required to prepare GST invoices. But, in the case of the reverse charge mechanism,
Introduction The place of supply holds great importance when it comes to exporting or importing goods. The commodities, goods, and services need a proper record
The supplier of goods or services is liable to pay GST. However, in some specified cases like Notified supplies and imports, the liability may be
In the realm of taxation, the Reverse Charge Mechanism (RCM) is a concept that can significantly impact the way goods and services are taxed. This
A reverse charge is a system in which the beneficiary of goods or services is liable for paying the Goods and Services Tax (GST) instead
As a general rule, the supplier of goods or services is liable to pay GST. However, in certain cases, GST is payable by the recipient
