Reverse Charge Mechanism (RCM) and Forward Charge Mechanism (FCM) are two different ways of levying tax on items and companies. RCM is a procedure where the receiver of goods or products and services is liable to pay tax to the government in lieu of the supplier. in the situation on the sale of goods, the tax arises on the incredibly sale of the p

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Our mission would be to empower viewers with essentially the most factual and reliable fiscal information doable to help you them make informed selections for their person needs. GST relates to most goods or solutions a company sells for domestic consumption. you'll find more than a hundred and sixty nations around the world which have, thus far,