All you need to know about Reverse Charge Mechanism in GST, RCM in GST| ConsultEase with ClearTax

In this video, all the provisions related to RCM are covered. Which items are covered in RCM and how to take the input tax credit of the amount paid in RCM. what are the consequences of not paying the RCM? Penalty and interest for non payment of RCM in GST are also covered. RCM kise dena hai kab dena hai. RCM pay na karne pe interest aur penalty.Services covered under RCM, Goods covered under RCM.
Watch this video for ..........
What is RCM, reverse charge in GST?
Who is liable to pay in reverse charge in GST?
How to file a return for a reverse charge in GST?
How to take ITC of RCM in GST?
What is covered in RCM in GST? ...
.......
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DISCLAIMER ********
ConsultEase does not agree or disagree with the views expressed in the video.
This video is merely a general guide meant for learning purposes only. All the instructions, references, content or documents are for educational purposes only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, tax or professional advisors as to the risks involved may be obtained and necessary due diligence, etc may be done at your end.

[@bishal.dey26]

Thank you very much...This helped me to understand the concept of RCM and has helped me to get rid of my confusion

[@kkrish8683]

Tomorrow I'm having my cma exam Ma'am thank you soo much this video cleared all my doubts ✌️✌️

[@sarkarinaukari1209]

Your GST releated video's very helpful thank you

[@narenderkumar-bn7lv]

Saral hindi bhasa me vistar se samjhane ke liye Bahanji ko dhayabad

[@719rules]

After 40 videos landed ended up here understanding in simple terms ✌️🙏🙏

[@hk_build]

Thank you so much for your valuable content Helped a lot

[@tallypointaccountingclasse7456]

Thanks a lot . all videos very easy language and very good communication skills .. thanks

[@focus4519]

ma'm people like you , keep me motivated. thank you

[@keshavmishravlog8967]

Thankyou very much very good 👍 clearly explain my all doubts clear..

[@prakashparekh2042]

very nice explanations , thanks a lot madam.

[@kailashmalviya6920]

Ur every videos very helpful & knowledgeable...

[@monimohan9145]

Acchey expose karti hai. Thankz mam

[@aamirattari4101]

Bahut ache se explain karti hai app

[@karamveersingh6890]

Mam, yr, and, teaching, manner, very, fantastic, so, I, am, to, listen, yr, moral, lesson,

[@sabaparveen4041]

Mam you are just rock ❤

[@cadeepakgautam5338]

Great job 👍

[@rsgkstudies]

Thanks for your advice mam

[@rajrajput2890]

Thanks
It's very useful

[@gautamjha1629]

Thanks for the video ☺️

[@shyamtripathi6104]

Thank you so much Madam

[@Vairagi_108]

Very beautifully explained..... Mam

[@RahulJain-qd8kf]

Thank you so much... ma'am 🙏🏻🙏🏻🙏🏻

[@vaibhavbodariya1487]

Nicr explained forward chrgs & rcm chrgs 👍👍👍

[@shekhsalman8517]

Good and helpful info. Madam thank

[@quotes2wise]

It will be useful if you post the link of the notifications in the description

[@Sanjay_patel07]

Thank u mam for your valuable information. . .

[@soumenadhikari23]

Thank you

[@vishalpatange24]

Thank you for your information

[@yashrajsinhzala2483]

Tq so much mem thus is very helpfull

[@sambittarafdar9131]

Thnk u Ma'am. This is a very gd message.

[@anirudhansatish2036]

Thank you ji

[@sanjeevgupta6264]

Excellent knowledge

[@kuldeepgaur1615]

Thanks ma'am 🙏

[@aakashbisht2811]

Thanks

[@PankajKumar-vn5nz]

Thnak you so much

[@kundanlal2107]

Dear Mam,
Need Understanding of Import of Goods with custom and IGST,
Please make a video on it
Thanks

[@RahulKumar-rr9tn]

Hlo Mam!
Please make a video about Calculation of Depreciation as per company act, 2013.

[@ravindrakulkarni6602]

Very good information.

[@capriyankabhatt4827]

Good explaination

[@prakashpatel-gk3vr]

Very good. Thanks.

[@agrawalji4474]

Kabse wait tha iska !! 😍😍😍😍

[@ConsultEase]

Thanks

[@Tanushetty689]

Good information mam, Thanks

[@parthvaland4545]

Good Explanation... 🙏

[@ashwanipatel5300]

Please mam make a video on Gst rate changes on jobwork:)

[@clear_ha]

Osm explanation mam

[@anirudhakulkarni4038]

Nice vdo - explained in lucid language.

[@gunjangupta7908]

Thank u madam

[@ismailkhatri4636]

It's nice learning video

[@vivekca]

Whether Input of RCM deposiy which where unknowingly deposited where such inward supply is exempted. For Eg. Import of air freight is exempted but RCM is paid

[@aravpaliwal7498]

Thanks sifali mam

[@rbkassociates]

How to dealt with the ITC shown in the GSTR2B of the supplier supplying the services attracting RCM?

[@AmitGupta-gc4vr]

Hi, kindly suggest us what to pay under rcm when my goods is interstate supply n my transporter is also interstate, whether we havevto pay CGST-SGSR or IGST

[@mohitgangele5528]

Thanks ma'am

[@JaswinderSingh-ul2pi]

Hi, can we adjust our rcm liability through our cash ledger without payment of tax. if it has an excess balance deposited in cash ledger?....

[@drakjoshi8323]

Nice information.Madam pl tell whether fees of architect /doctor/any consultant is covered under GST .

[@santoshsharma8013]

Mam how i will treat of shortage in Goods in GTA Business, please reply

[@pravindixit7938]

Rcm ka video medam apne bahut acche se samjai

[@GAMINGZONE-yn1je]

Thnku mam

[@hannahmileyneha]

Very lucid presentation

[@MrGarg-xg3dz]

Very helpful txs mam

[@vipulwaghmare2497]

Hi, is RCM applicable on Royalty provision received from related party..?

[@sandeepsati7415]

Ma'am shall we deposit RCM on reimbursement of taxi charges to employees

[@vishruthtallam1587]

So tax paid on Reverse charge will be added to the output tax liability of the recipient?
will it be shown in the electronic liability ledger of the recipient?

[@himanshunirmalkar8221]

Dear mam,
Thank u so much but, mam plz provides a list of items on pay Rcm or not

[@dixitshriram]

Mam, is RCM applicable on labour supply from unregistered person.

[@AmanGupta-jh6of]

mam can a transporter rasie the invioce 5% for rcm and 12 % for taking the credit of input purchases, pls reply

[@abinash3292]

Plz describe rcm security services

[@AmitSharma-on3dd]

Superb mam 👍

[@gauravjoshi1515]

Mam Gstr 9 fy 2018-19 annual Return m 2017-18 k data aa rahe hai pls solution provide

[@108adm]

Mam please can you explain margin scheme under gst and where to show it's effects in various returns

[@mrityunjay68]

Ma'am ek vedio gst portal se bataye jisme same unregister walo ka mention ho.Thanks

[@saqibmalik7329]

should i mention tax amount and grand total on reverce charge invoice if GTA is unregistered.

[@ashishand74]

Is RCM applicable on services in any possible cases wherein otherwise service tax is not levied ..

[@pintupandit3241]

Ma'am aapka video bahut hi accha hai
Aap GST adjustment par video banaiye.
Mujhe gst return file karna hai
I am non commerce

[@adityarai9922]

Devi 🙏 mahaan ho aap

[@probir1985]

What is purchase tax for composition dealer purchasing from another composition dealer in annual return table 4a, in annual return cmp 04?

[@rishabhshaw8630]

Commission on sales per video banaiye madam plzzzzz

[@hp37_waale21]

Love u mam. Aap bde achee ho

[@rabikumarpaswan2425]

Which one is best for me RCM or FCM . If I am transporting the goods from wholesale to retailer

[@Rakeshkumar-kl7rq]

Maam please make a vedio for import of service, for sez unit or developer

[@singhyogendra4953]

Excellent
Still no one clear which you clear

[@vinodmehta4870]

Mam a GTA can raise invoice with RCM and with GST 12% in both manner for different receipent of service

[@abtakvinay]

Madam, RCM NBFC company mein kis rate se lagta hai...kindly suggests

[@fithillboy1695]

Nice explain.pls example bi de diya kro

[@anithaa1186]

Mam is rcm is applicable on rent paid to unregistered person

[@sweta442]

Super...

[@buleshnaharia843]

Man please clarify the RCM ON ROYALTY PAID TO STATE GOVERNMENT AS DEAD RENT ,ROYALTY, ETC ON MINING LEASE

[@harshitamansinghka9963]

If an exporter sending goods under LUT has made purchases of Handmade paper from Unregistered person. What will be the GST Impact

[@muzammilalam140]

How to upload rcm amount please make a vedio on portal.

[@RAJUKUMAR-nt8vk]

Good information

[@rohitbhargava1785]

🙏 thanks, helps a lot.
Even my CA couldn't explain me like this.

[@alkabansal8821]

Good

[@sunnypanchal43]

Nice mam

[@gargenterprises6067]

Mam please tell me if we shoe printing and stationary as expenses in p&l instead purchase in trading account then we have to liable for rcm or not
Because in audit report i saw this and rcm not pay on that

[@sunderpatwal2223]

Mam, Hire vehicle ( Monthly or daily basis ) ke case m nhi reverse charge apply hoga kya...

[@himanshu2431]

Mam please tell how to show self invoicing in gstr3b and 1 ,

[@rahulpanwar9455]

Local tempo freight par rcm applicable hai kya
Please reply mam

[@mohammadyaqubqureshi420]

Mam where have to be show unregistered purchase goods in 3b

[@manjuyadav5773]

Can we given RCM bill and Gst bill to Same party at a same time

[@gopalbadukale3308]

Please ma'am send latest notification of section 93 & 94 about RCM under by GST.