Reverse Charge Mechanism in GST (RCM)

The fitment of rates of services were discussed on 19 May 2017 during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir. The Council has broadly approved the GST rates for services at Nil, 5%, 12%, 18% and 28%. The list of services that will be under Reverse Charge Mechanism as approved by the GST Council is given below. Continue reading “Reverse Charge Mechanism in GST (RCM)”