RCM under GST

[MANOHAR KALBURGI]

Dear Sir,

Does Mutual fund Agent's services falls under RCM? the RCM laid down u/s 9(3) of GST Act does not displays any such list by way of notification.

Thanks in Advance

[ABHISHEK TRIPATHI]

Dear Sir,

You have already answered it. If it is not notified then no RCM.

[MANOHAR KALBURGI]

Dear Kasturi Kethi,

I am expecting your opinion on also.

Thanks Abhishek

AI Summary

Mutual Fund Agent Services Not Under Reverse Charge Mechanism if Not Notified, Confirms Respondent as per GST Section 9(3). A query was raised regarding whether services provided by mutual fund agents fall under the Reverse Charge Mechanism (RCM) as per section 9(3) of the GST Act. The inquirer noted that there is no notification listing such services under RCM. A respondent confirmed that if the services are not notified, they do not fall under RCM. The original inquirer sought further opinions from another participant in the discussion.