https://www.taxtmi.com/article/detailed?id=8157 Reverse charge mechanism shifts GST liability to the recipient in two scenarios: government-notified categories and supplies from unregistered suppliers to registered recipients. Recipients liable under RCM must register irrespective of turnover, self-invoice purchases from unregistered suppliers, pay RCM from the electronic cash ledger (ITC cannot be used to discharge RCM but may be claimed afterwards if eligible), and comply with time-of-supply rules, invoice marking, record-keeping and distinct return reporting; specified goods and services lists determine many RCM applications. en-us Wed, 12 Sep 2018 09:11:39 +0530 Wed, 12 Sep 2018 09:11:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8157 Reverse charge mechanism shifts GST liability to the recipient in two scenarios: government-notified categories and supplies from unregistered suppliers to registered recipients. Recipients liable under RCM must register irrespective of turnover, self-invoice purchases from unregistered suppliers, pay RCM from the electronic cash ledger (ITC cannot be used to discharge RCM but may be claimed afterwards if eligible), and comply with time-of-supply rules, invoice marking, record-keeping and distinct return reporting; specified goods and services lists determine many RCM applications. Articles Goods and Services Tax - GST Wed, 12 Sep 2018 09:11:39 +0530 https://www.taxtmi.com/article/detailed?id=8157