Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Regarding RCM

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Regarding RCM
Query (Issue) Started By: - Prateek Agrawal Dated:- 17-10-2018 Last Reply Date:- 22-10-2018 Goods and Services Tax - GST
Got 3 Replies
GST
WHETHER RCM is applicable on LAND .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... DIVERSION FEE PAID TO GOVERNMENT BY THE BUSINESS ENTITY Under Section 9(3) of CGST Act ? Reply By Rajagopalan Ranganathan: The Reply: Sir, According to Sl. No. 5 of Notification No. 13/2017- Centra .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... l Tax (Rate) dated 28.6.2017 as amended "Services supplied by the Central Government, State Government, Union territory or local authority to a business entity excluding, - (1) renting of immova .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ble property, and (2) services specified below- (i) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Central Government, State Government or Union territory or local authority; gst is payable under RCM by the Business entity who receives such service. In your case land diversion fee paid by you to .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the Government is a fee for agreeing to the obligation to refrain from an act, or to tolerate an act or a situation, or to do an act (vide Sl. No. 5 (e) of Schedule II of CGST Act, 2017). Hence gst i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s payable by you under RCM. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: GST is payable on reverse charge basis as advised by Shri Rajagopalan Reply By Ganeshan Kalyani: The Reply: I am also of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the same view.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates