GST PAYABLE UNDER RCM

[SAFETAB LIFESCIENCE]

Dear Team,

We came to understand that RCM payable by the receiver (buyer) for the supply/services received from URD has been deferred till 31.03.2018. Whether all the supplies received from 01.07.2017 is fully exempted or from the date of announcement (05.10.2017, we think) ??? Section 9 (4)

Please confirm whether the RCM payable from other than URD is still continuing. Section 9 (3)...

What EXPENSES are all compulsory in Sec.9(3) for which (receiver) has to pay GST under RCM

[CSSANJAY MALHOTRA]

RCM is mandatory under Section 9(3) of CGST Act, whereas the same stands deferred for Section 9(4) from 13.10.2017 (Notification No. 38/2017 CGST dated 13.10.2017)

[SAFETAB LIFESCIENCE]

Thanks Ji.

RCM u/s 9(4) is effective from 13.10.2017 only or retrospectively effective from 01.07.2017. That is, whether we have to pay GST under RCM for the supplies received from URD during the period from 01.07.2017 to 12.10.2017

[CSSANJAY MALHOTRA]

Effective from 13.10.2017 and for prior period needs to be paid.

[Himansu Sekhar]

From the effective date of the notification.

[SHIVKUMAR SHARMA]

Service provided during 01.07.2017 to 15.10.2017 by unregistered service provider & raise the bill on 31.10.2017 & payment is made on 10.11.2017.please advise whether we have to pay reverse charge.

AI Summary

Reverse charge mechanism deferred for unregistered suppliers from the notification effective date; prior-period liabilities remain under GST. RCM is mandatory under the continuing provision for specified supplies received by the recipient, while RCM in respect of supplies from unregistered suppliers was deferred by a government notification whose effect begins on the notification's effective date; supplies from unregistered suppliers received prior to that effective date remain liable to tax under RCM for the prior period.