Govt to Ease Norms for Small Traders under GST, may Defer RCM
With a view to reduce compliance burden to the small traders under the Goods and Services Tax (GST) regime, the Government may liberalize some norms...
Sale of Old Jewellery by an individual to a Jeweller will not make jeweller liable to pay Tax under RCM, says Finance Ministry
However, if an unregistered supplier of gold ornaments sells it to registered supplier, the tax under RCM will apply. In the GST Ki Master Class held yesterday, in one of the replies given to an...
RCM on Lawyers under GST: Delhi HC says there is Ambiguity in Provisions, Restricts Govt from taking Coercive Actions [Read Order]
A division bench of the Delhi High Court on Wednesday issued notice to the Central Government and the GST Council seeking for clarification on the applicability of reverse charge mechanism on legal...
![RCM on Lawyers under GST: Delhi HC says there is Ambiguity in Provisions, Restricts Govt from taking Coercive Actions [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/03/Service-Tax-for-Senior-Advocates-Tax-Scan.jpg "RCM on Lawyers under GST: Delhi HC says there is Ambiguity in Provisions, Restricts Govt from taking Coercive Actions [Read Order]")
RCM not applicable to Intra-State Supply of Goods & Services below the value of Rs. 5000 by an Unregistered Person to a Registered Person [Read Notification]
The Central Government recently notified that the Reverse Charge Mechanism (RCM) is not applicable to intra-State supply of goods & services made by an unregistered person to a registered person...
![RCM not applicable to Intra-State Supply of Goods & Services below the value of Rs. 5000 by an Unregistered Person to a Registered Person [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/06/Reverse-Charge-Mechanism.jpg "RCM not applicable to Intra-State Supply of Goods & Services below the value of Rs. 5000 by an Unregistered Person to a Registered Person [Read Notification]")
IGST: RCM Applicable to Supply of Lottery, Cashew Nuts, Silk Yarn, Bidi Wrapper Leaves etc [Read Notification]
The Central Government has notified the list of goods taxable under the Reverse Charge Mechanism (RCM) under the proposed Integrated Goods and Services Tax (IGST) Act. As per the reverse Charge...
![IGST: RCM Applicable to Supply of Lottery, Cashew Nuts, Silk Yarn, Bidi Wrapper Leaves etc [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/06/Lottery-Cashew-Nuts-Silk-Yarn-Bidi-Wrapper-Leaves.jpg "IGST: RCM Applicable to Supply of Lottery, Cashew Nuts, Silk Yarn, Bidi Wrapper Leaves etc [Read Notification]")
