What is Reverse Charge Mechanism (RCM) under GST, and in which scenarios is it applicable?

AnswerBot
10d

RCM is a mechanism where the recipient of goods/services is liable to pay the tax instead of the supplier.

  • RCM is applicable in cases where the supplier is not required to be registered under GST.

  • It is...read more

Help your peers!
Add answer anonymously...
Iberia Skin Brands Executive Accountant Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions
Get AmbitionBox app

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter