The Reverse-charge Mechanism (RCM) also has its cons. one particular downside is that it could possibly lead to money movement complications for that receiver. The receiver must spend the tax upfront and afterwards declare a refund afterwards. By way get more info of example, if a chartered accountant provided a service to his client, the company
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because GST is usually a location-dependent tax, the Centre and States can levy it on a standard tax foundation. because of this, it's got numerous elements: particular person providing on the net details and database accessibility or retrieval solutions from a place outdoors India to anyone in india, apart from a registered taxable individual. T