RCM: Facilitating GST Collection from Unregistered Taxpayers

One such proposal laid down to improve GST implementation is Reverse Charge Mechanism (RCM) with an aim to enhance tax compliance and coverage across organized, partly organized and unorganized sector in India.

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Payment Voucher under Reverse Charge Mechanism (RCM) in GST

Payment Voucher under Reverse Charge Mechanism in GST is a proof of transaction between taxpayer and unregistered supplier.

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APRIL 2019, Newsletter #14

Reverse Charge Mechanism | Cancellation and Revocation of GST Registration | IRIS Sapphire: New Features | Resetting invoice numbers

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APRIL 2019, Newsletter #13

34 GST Council Meeting Updates- Real Estate | Simplified GST Return Forms, Deferred | IRIS Garnet: An Overview | Upcoming Product Updates in April | GST Tax fraud caught in Vadodara

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Reverse Charge, TDS and TCS Provisions get Deferred for another 3 Months

The provisions related to tax deducted at source, tax collected at source and reverse charge mechanism under GST have been deferred for another three months till Sept 30, 2018.

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