All about Reverse Charge Mechanism (RCM)
Complete Understanding about Reverse Charge Mechanism (RCM) What is Reverse Charge? Normally, the supplier of goods or services pays the tax on supply. In the case of Reverse Charge, the receiver becomes liable to pay the tax, i.e., the chargeability gets reversed. When is Reverse Charge Applicable? Supply from an unregistered dealer to a Registered …