Reverse Charge Mechanism   under GSt

 

Under the regular GST framework, the supplier is responsible for paying GST on goods or services. However, the Reverse Charge Mechanism (RCM) shifts this responsibility to the recipient in certain cases. This mechanism is commonly applied to imports and specific services where the government has determined that the recipient is better placed to manage the tax payment.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top