Concept of RCM in GST | Reverse Charge Mechanism

Sdílet
Vložit
  • čas přidán 6. 08. 2024
  • 👨🏻‍🎓Join our practical course in GST, Income Tax & TDS - fintaxpro.in/courses/
    📍In this session we have discuss about the concept of reverse charge mechanism RCM in GST. Generally, the supplier of goods or services is liable to pay GST. However, in specified cases like imports and other notified supplies, the liability may be cast on the recipient under the reverse charge mechanism. Reverse Charge means the liability to pay tax is on the recipient of supply of goods or services instead of the supplier of such goods or services in respect of notified categories of supply. There are two type of reverse charge scenarios provided in law. First is dependent on the nature of supply and/or nature of supplier. This scenario is covered by section 9 (3) of the CGST/SGST (UTGST) Act and section 5 (3) of the IGST Act. Second scenario is covered by section 9 (4) of the CGST/SGST (UTGST) Act and section 5 (4) of the IGST Act where taxable supplies by any unregistered person to a registered person is covered.
    📍For any query please contact below
    📩 info@fintaxpro.in
    📞CA Rajat Garg 9718097735
    Cheers Folks
    Thanks for Watching :)
    Team Fintaxpro
    Our Social Handles-
    🔗FB - / fintaxproca
    🔗Telegram - t.me/fintaxpro
    🔗Instagram - / fintaxpro_ca
    🔗Twitter - / fintaxpro_ca
    🔗Linkedin - / fintaxpro
    🔗CZcams (Fintaxpro) - / fintaxpro
    🔗CZcams (Fintaxpro Finance) - / @fintaxprofinance8619
    🔗CZcams (Fintaxpro English) - / fintaxproenglish
    🌏 Website - fintaxpro.in/
    Disclaimer- Although all provisions, notifications, updates, and live demos are analyzed in-depth by our team before presenting to the public. We hereby provide our point of view only and tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither Fintaxpro Advisory LLP nor its designated partner is liable for any consequence that arises on the basis of CZcams videos.
    ©️Fintaxpro Advisory LLP
    ⏰Time Stamp
    0:00 Intro to topic
    1:24 Concept of RCM
    12:07 Types of RCM in GST
    12:57 GST Registration in case of RCM liability
    14:12 Can a supplier of RCM claim ITC?
    15:41 Time of Supply in GST
    29:11 Compliance in respect of RCM
    31:23 Payment of RCM through Cash Ledger
    41:19 Goods under RCM
    49:09 Services under RCM
    54:20 RCM for GTA Services
    1:18:44 Outro
    📍this video will guide you in below topics-
    rcm in gstr 1 return
    rcm in gst hindi
    rcm in gstr 3b return
    rcm in gst portal
    rcm in gst ca final
    rcm in gst in english
    rcm in gst in tally
    concept of rcm in gst
    freight charges rcm in gst
    rcm in gst entry in tally
    rcm concept in gst with example
    rcm in gst full details
    freight rcm in gst
    gta under rcm in gst
    how to rcm in gst return
    rcm in gst in tamil
    rcm in gst in hindi
    rcm in gst kannada
    rcm in gst latest updates
    itc on rcm in gst
    treatment of rcm in gst return
    rcm entry in gst portal
    rcm in gst return
    rcm in gst r1
    services under rcm in gst
    rcm in gst tally entry
    rcm in gst tally
    transport rcm in gst
    what is rcm in gst
    what is rcm in gst in tamil
    what is rcm in gst in hindi
    what is rcm in gst in telugu
    rcm purchase in gstr 1
    rcm purchase in gstr 1 return
    how to rcm in gst return
    how rcm works in gst
    what is rcm in gst
    what is rcm in gst in hindi
    rcm in gst in english
    rcm in gst in tally
    rcm in gst in tamil
    rcm in gst in hindi
    services under rcm in gst
    gta under rcm in gst
    rcm concept in gst with example

Komentáře • 100