This book covers everything from the basics of RCM GST to the details of filing returns, invoicing, and maintaining records under RCM Provisions.
This Book provides clear explanations and practical examples that will help you to understand the RCM GST concepts and apply them to your business.
Here is the Content of this Book:
01. Introduction
02. What is Reverse Charge Mechanism
03. Why Reverse Charge Mechanism in the GST Law
04. What to do with RCM Transactions
05. Transactions on which RCM is Applicable
06. Goods on Which RCM is Applicable
07. Service on Which RCM is Applicable
08. RCM on Purchase from UN-Registered
09. GST Registration Requirement in RCM Transactions
10. Self- Invoicing Requirement in RCM Transactions
11. Time of Supply in case of RCM Transactions
12. Payment of GST for the RCM Transactions
13. Input Tax Credit of the RCM Transactions
14. Accounts & Records for RCM Transactions
15. Accounting Entry for RCM Transactions
16. Reporting in GSTR Form of RCM Transactions
17. NON Compliance Consequences of RCM Transactions
18. Points to Remember
19. FAQs
All the Best, Happy Reading.