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

Clarification on GST Reverse Charge Mechanism: Section 9(3) Mandatory, Section 9(4) Deferred from October 13, 2017 A discussion on the Goods and Services Tax (GST) payable under the Reverse Charge Mechanism (RCM) was initiated by a party seeking clarification on whether RCM obligations for supplies from unregistered dealers (URD) were deferred until March 31, 2018, and if this applied retroactively from July 1, 2017. Responses clarified that RCM under Section 9(3) remains mandatory, while Section 9(4) was deferred from October 13, 2017, requiring payment for supplies received before this date. Questions about specific scenarios, such as services provided before the deferral but billed and paid after, were also raised.