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

AI Summary

Reverse charge mechanism: mutual fund agent services not taxable under RCM unless specifically notified under GST.
Whether mutual fund agent services attract the reverse charge mechanism under GST depends on express notification: reverse charge applies only where the supply or supplier class has been specifically notified for reverse charge treatment; absent such notification, recipient liability under reverse charge does not arise.