GST UNDER REVERSE CHARGE

[mohan sehgal]

A registered dealer is availing legal consultancy from an advocate firm interstate..

The dealer is in U.P. and the Legal Firm of advocates is in Delhi...

The dealer in U.P. has to deposit 18% GST under RCM on the Invoiced value of the legal consultancy...

Whether the dealer should deposit the GST amount under RCM in IGST or CGST/SGST ???

Thanks in anticipation.

[KASTURI SETHI]

IGST is to be paid. See Serial No.3 of Notification No.10/17-I.T. (Rate) dated 28.6.17 read with Section 5(3) of IGST Act, 2017.

[DR.MARIAPPAN GOVINDARAJAN]

IGST is to be paid.

[PAWAN KUMAR]

IGST UNDER RCM IS PAYABLE

AI Summary

Reverse charge GST: IGST applies to interstate legal consultancy services, payable by the recipient under RCM.
For interstate legal consultancy supplied by an advocate firm to a registered dealer in another State, tax payable under the Reverse Charge Mechanism is IGST, with the recipient liable to discharge tax under reverse charge in accordance with the IGST charging framework and the applicable rate notification.