can rcm applicable on professional fees ?

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can rcm applicable on professional fees ?

Here are some links that might be useful to you:

https://www.caclubindia.com/forum/rcm-on-professional-fees-413091.asp

https://www.caclubindia.com/forum/rcm-on-professional-fees-413091.asp
Rcm on professional fees – GST | RCM #413091 – CAclubindia
Please help me on this. Sir Professional fees is Taxable under RCM in GSt. GST rate for tax consultancy and preparation services is 18%. 18% GST rate is applicable for SAC Code 998399 – Other professional, technical and business services, technical and business services. Tejaswinee Ji.
RCM on Legal Fees / advocate fees – GST – CAclubindia
Condition 1 – The Service provider should be. · an individual advocate including a senior advocate, or. · a firm of advocates by way of legal services, Condition 2 – Recipient should be. Any business entity. Condition 3 – Location. Recipient should be located in the taxable territory. 3.

https://taxguru.in/goods-and-service-tax/gst-list-reverse-charge-mechanism-rcm.html

https://taxguru.in/goods-and-service-tax/gst-list-reverse-charge-mechanism-rcm.html
GST: List of Reverse Charge Mechanism (RCM) – Tax Guru
Sir, Can I know that RCM Applicable against Design Work and Discussion related to Design work and Inspo, Meeting Buyer Shop done by a person which is citizen of Hong Kong. … good research on RCM but not mentioned regarding company secretary professional fee paid to unregd person or company, please in list. Reply. December 12, 2019 at 8:52 pm

https://taxguru.in / goods-and-service-tax / gst-rcm-fees-remuneration-paid-director.html

https://taxguru.in / goods-and-service-tax / gst-rcm-fees-remuneration-paid-director.html
GST under RCM on fees or remuneration paid to director – Tax Guru
7 janv. 2023GST under reverse charge mechanism (RCM) on fees or remuneration paid to the director. 1. Background. There has been a lot of confusion concerning the taxability of payment made by the company to its director, whether payable on reverse charged by the company or not. The author of this article has attempted to bring some clarity on the aspects …

https://cleartax.in/s/reverse-charge-gst

https://cleartax.in/s/reverse-charge-gst
All about Reverse Charge Mechanism (RCM) under GST – ClearTax
14 juil. 2023Also, in case of outward supply of TDR by one developer to another, GST is applicable at 18% on reverse charge. C. Supply of services through an e-commerce operator. All types of businesses can use e-commerce operators as an aggregator to sell products or provide services.

https://www.professionalutilities.com/blogs/detailed-analysis-rcm-gst.php

https://www.professionalutilities.com/blogs/detailed-analysis-rcm-gst.php
List of Services Under RCM in GST 2022: What You Need to Know
16 avr. 2024List of the services under RCM in GST-2022. Supply of Services. Recipient. Supplier. Legal services provided by the advocate. In taxable territory, any business entity. Advocates. Sponsorship services – by a partnership firm or any body corporate. In taxable territory, any partnership firm or corporate.

https://taxguru.in/goods-and-service-tax/comprehensive-guide-reverse-charge-mechanism-rcm-gst.html

https://taxguru.in/goods-and-service-tax/comprehensive-guide-reverse-charge-mechanism-rcm-gst.html
Comprehensive Guide to Reverse Charge Mechanism (RCM) under GST – Tax Guru
27 juil. 2023CBIC has issued list of goods and services on which RCM is applicable: I] GOODS vide Notification No. 4/2017-Central Tax dated 28 th Jun, 2017. … whether the late fees or penalty paid to the Government can be considered as an amount paid against any services. … RCM can have implications on international trade, especially for businesses …

https://margcompusoft.com/m/decoding-gst-on-professional-fees

https://margcompusoft.com/m/decoding-gst-on-professional-fees
Decoding GST on Professional Fees: Unraveling the Complexities
23 mai 2023A2: As a registered professional providing services to a registered business entity, you need to charge GST on your professional fees. You should issue a tax invoice to the recipient, clearly mentioning the details of the services provided, including the applicable GST rate. The recipient can claim input tax credit (ITC) on the GST charged …

https://taxguru.in/goods-and-service-tax/services-reverse-charge-mechanism-rcm-updated-till-20-08-2023.html

https://taxguru.in/goods-and-service-tax/services-reverse-charge-mechanism-rcm-updated-till-20-08-2023.html
Services under Reverse Charge Mechanism (RCM) updated till 20-08-2023
21 août 2023Table on Services under Reverse Charge Mechanism (RCM) updated till 21-08-2023. (g) any casual taxable person. which has taken registration under the Central Goods and Services Tax Act, 2017 (12 of 2017) only for the purpose of deducting tax under section 51 and not for making a taxable supply of goods or services.

https://www.taxmanagementindia.com/web/View_discussions_detail.asp?ID=117808

https://www.taxmanagementindia.com/web/View_discussions_detail.asp?ID=117808
Reverse Charge Mechanism, Goods and Services Tax – GST
2 sept. 2022Professional Fees Cover Under Reverse Charge Mechanism? Posts / Replies. Showing Replies 1 to 3 of 3 Records. … RCM is not applicable to above professional services (except Legal Services provided by Advocate under Notification No.13/17-CR(Rate) dated 28.6.17 as amended up to 31.12.19).

https://www.captainbiz.com/blogs/is-gst-applicable-on-consultancy-charges

https://www.captainbiz.com/blogs/is-gst-applicable-on-consultancy-charges
GST On consultancy Services – RCM and GST Rate, Charges
1 févr. 2024The applicable rate of GST for RCM is equivalent to the rate for the corresponding products or services. GST rates for consulting services are usually 18%. The elements that determine the application of RCM include requirements related to the kind of products or services, the nature of the transaction, and the supplier’s status.
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