Understanding RCM: Meaning, Applicability, and Key Considerations under GST
Introduction to RCM (Reverse Charge Mechanism) The Reverse Charge Mechanism (RCM) is a pivotal aspect of the Goods and Services Tax (GST) framework in India, fundamentally altering the way tax obligations are assigned between suppliers and recipients of goods and services. Under RCM, the liability to pay tax is shifted from the supplier to the […]
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