WebMar 10, 2024 · Applicability of RCM on Ocean Freight. As per Section 5(3) of the IGST Act 2024 read with notification No. 10/2024 IGST (Rate) dated 28/06/2024 (S. No. 10), … WebNov 6, 2024 · In order to stay in the business, unregistered persons will be compelled to get GST registration. Example: Mr.Ram (registered) purchase goods from 3 unregistered …
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All about Reverse Charge Mechanism (RCM) under GST
WebJul 23, 2024 · 13,222 total views. No exemptions of RCM on GTA where freight is ₹1500 or ₹750. Now Reverse Charge on GTA services will be applicable from ₹1. GST Rate Change … WebSep 20, 2024 · When goods are transported by a vessel from a place outside India up to the customs station of clearance in India and the shipping company is located in the non … WebAug 17, 2024 · Rcm on freight below rs 750 is exempt. In return whether it is to be shown in purchase under reverse charge @ 0% or under Rcm not applicable. Reply— Services … greenfield subdivision brandon ms