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RCM LIABILTY

NILESH PITALE

RESPECTED EXPERTS

Question : Whether RCM liability is Applicable on all kind of URD Purchases/Services from 1st June 2019 ?

Please Guide.

Clarification: Reverse Charge Mechanism under GST applies only to specified unregistered dealer supplies, not all purchases or services. A query was raised regarding the applicability of Reverse Charge Mechanism (RCM) liability on all types of unregistered dealer (URD) purchases or services starting from June 1, 2019, under the Goods and Services Tax (GST). An expert clarified that RCM is not applicable to all URD purchases or services but only to specified supplies. (AI Summary)
Goods and Services Tax - GST
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