Understanding GST on Reverse Charge Mechanism (RCM) for Security Services as per Notification No 29/2018- Central Tax (Rate) dated 31-12-2018
Understanding GST on Reverse Charge Mechanism (RCM) for Security Services The implementation of the Goods and Services Tax (GST) in India brought significant changes to the taxation system. One such change is the Reverse Charge Mechanism (RCM), which shifts the responsibility of tax payment from the supplier to the recipient. In this article, we will …