Explain Self Invoicing
When purchasing goods or services from an unregistered supplier, which is considered a reverse charge, self-invoicing is required. As your supplier will […]
Category: Reverse Charge
Reverse Charge
Explain Input Tax Credit under Reverse Charge Mechanism
A supplier is not permitted to claim an ITC for GST paid via the RCM. When receiving goods or services, only those […]
Determining the GST Payer under Reverse Charge Mechanism
According to the Reverse Charge Mechanism, the GST must be paid by the recipient. However, to stay compliant with the GST regulations, […]
What are the rules for registering under Reverse Charge Mechanism?
A person who falls under the reverse charge mechanism is required to pay GST, according to Section 24 of the CGST Act, […]
Elaborate the time of supply under the Reverse Charge Mechanism.
Time of supply for goods The earliest of the following dates shall be used as the time of supply for goods in […]
When does this Reverse Charge Mechanism Gets Applied?
According to Sections 9(3), 9(4), and 9(5) of the CSGT and SGST Acts, the reverse charge scenario is an active practice for […]
Explain the Reverse Charge Mechanism
Till now we have known that the supplier of the goods pays the taxes. But, in the case of a reverse charge […]
