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SUMMARY OF SUPPLIES TAXABLE ON RCM BASIS UNDER GST

Summary of supplies taxable on RCM under GST

 

1) Supplies taxable on RCM basis u/s 9(3) of the CGST Act and 5(3) of the IGST Act

SN

RCM on supply of

Notification

a.

Goods under CGST Act, 2017

Notification No. 04/2017-Central Tax (Rate) dt. 28-06-2017

b.

Services under CGST Act, 2017

Notification No. 13/2017-Central Tax (Rate) dt. 28-06-2017

 

Note: All the above services have also been notified for reverse charge under IGST Act vide Notification No. 10/2017-Integrated Tax (Rate) dt. 28-06-2017 as amended. In addition to them, following service is also notified by said notification under reverse charge for IGST purposes:

Sl. No.

Category of Supply of Services

Supplier of service

Recipient of Service

(1)

(2)

(3)

(4)

1.

Any service supplied by any person who is located in a non-taxable territory to any person other than non-taxable online recipient.

Any person located in a non-taxable territory

Any person located in the taxable territory other than non-taxable online recipient.

10.

Services supplied by a person located in non-taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India.

A person located in non-taxable territory

Importer, as defined in clause (26) of section 2 of the Customs Act, 1962(52 of 1962), located in the taxable territory.

 

2) Supplies taxable on RCM basis u/s 9(4) of the CGST Act and 5(4) of the IGST Act

a.

Specified RP shall pay GST on RCM basis on specified supplies received from URP

Notification No. 07/2019-Central Tax (Rate) dt. 29-03-2019

 

3) Supplies taxable on RCM basis u/s 9(5) of the CGST Act and 5(5) of the IGST Act

a.

ECO shall pay GST on RCM basis on specified services

Notification No. 17/2017-Central Tax (Rate) dt. 28-06-2017

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