Reverse Charge Mechanism
Latest news, explainers and analysis on Reverse Charge Mechanism. Tracking 2 stories on Arth Vani.
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Latest on Reverse Charge Mechanism
BreakingGSTN Launches E-Invoicing for Reverse Charge Transactions (RCMDOM, RCMIMP)
The Goods and Services Tax Network (GSTN) has rolled out a new e-invoicing facility specifically for transactions falling under the Reverse Charge Mechanism (RCM). This update covers both domestic RCM (RCMDOM) and import RCM (RCMIMP), aiming to simplify compliance and enhance data accuracy for businesses.
EY India Takes Cross-Border Employee Tax Dispute to Supreme Court
EY India has escalated its tax dispute concerning cross-border employee secondments to the Supreme Court. The case revolves around whether services provided by expatriate employees should attract Goods and Services Tax (GST) under a reverse charge mechanism.
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