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Reverse Charge Mechanism - Everything You Need to Know

The person who supplies the goods or services or both i.e., the supplier, is generally required to pay tax to the Government. This is called payment of tax under forward charge mechanism. However, under the GST law there is a concept of Reverse Charge also, where the recipient is required to pay tax to the government instead of supplier. In this article we are about to discuss the concept of RCM in detail, the time of supply..................... Read More