Reverse-charge mechanism (RCM) also has shortcomings. A downside is it may result in money stream difficulties with the recipient. The receiver needs to pay the tax in advance then declare the refund. more, the GTA will have to declare in Annexure III that they are registered below GST and having t

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Reverse cost system (RCM) can be a system in GST the place the receiver pays the tax on behalf of unregistered, more compact materials and repair suppliers. The receiver of the products is eligible for Input Tax credit rating, though the unregistered dealer will not be. Investopedia contributors or