TaxTMI 
TaxTMI 
Revers charge in GST
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....evers charge in GST<br> Query (Issue) Started By: - Vishnu Dutt Gupta Dated:- 18-7-2017 Last Reply Date:- 20-7-2017 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>We have given the monthly fix amount contract to doctor for medical services in our company Is any revers charge applicable in GST. Rgds, MJ Reply By KASTURI SETHI: The Reply: Health care services have been exempted vide en....
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....try No. 77 in Notification No. 9/2017-intergrated tax (Rate) dated 28.06.2017 . " Services by way of health care services by a clinical establishment, an authorised medical practitioner or para-medics." (s) "clinical establishment" means a hospital, nursing home, clinic, sanatorium or any other institution by, whatever name called, that offers services or facilities requiring diagnosi....
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....s or treatment or care for illness, injury, deformity, abnormality or pregnancy in any recognised system of medicines in India, or a place established as an independent entity or a part of an establishment to carry out diagnostic or investigative services of diseases; Health care service provided by Dr. in your company is exempted. Hence RCM is not applicable. Reply By MUKUND THAKKAR: The Reply....
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....: Rightly explain by Shree kasturiji... Reply By RAJIV PATEL: The Reply: Dear Sir, May we request you to kindly advice & guide us on the applicability of GST & RCM on our case. Your comment & support will be highly appreciated. Stage 1 - We are presently buying hotel & transport from Bhutan. The Bhutan operator does not charge any GST as it does not fall in Indian tax jurisdiction. Hence let....
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.... take our purchase price as INR 100 Stage 2 - Now when we sale the package to X agency in Indian then we bill the agency with GST of 5%. Here our sale become our Bhutan Purchase INR 100 + Our markup 10 (100 + markup 10 ) + GST of 5% on 110 +5% GST = INR 115.50 Comments required * Are the above transaction fine as per the current GST procedure * Do we need to charge RCM of 5% on our purchase....
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.... price from Bhutan i.e 100 * In case we charge RCM then our tax components become 10% * Will we get input credit for paying the RCM for oversea supplier who is not part of Indian tax jurisdiction. * In case we don't get input credit then our product become 10% higher in compare to any direct supplier from Bhutan to come to india and lock in business. Anyway we are already higher by 5% as we ....
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....are paying GST of 5% hence RCM will become a extra loading for us. Your comment & advice will be highly appreciated Regards Bijay Mishra Reply By MARIAPPAN GOVINDARAJAN: The Reply: Sir, If you have a query post the same separately. Don't club it with the query of another. It will create confusion. Reply By KASTURI SETHI: The Reply: Rightly advised by Sh. M. Govindarajan, Sir. To post q....
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....uestion into another's query creates problem not only for experts but also for the other visitors of the same query. Wrong message can reach the visitors.<br> Discussion Forum - Knowledge Sharing ....