What is REVERSE CHARGE MECHANISM || GST RCM in GST

Here is What is REVERSE CHARGE MECHANISM || GST RCM in GST

In this video, CA Rohan Gupta What is REVERSE CHARGE MECHANISM || GST RCM in GST explains in depth yet in a simplified and interesting manner. This video is for all students of CA Inter & CA Final who wish to gain clarity on the topic.

You can reach out to him on :-
Telegram - Rohan7476

[kiaaraa]

Honestly sir, don't know how you do it! Its brilliant.
you consistently make such extraordinary content that's brimming with knowledge🙌
and you always go the extra mile to give us a thorough understanding of the concepts and why they were introduced- which is so interesting and helps retain the topic so much better.
With your videos, everything just comes full circle and makes sense. Thankyou so much.

[rajivkumar]

Your way of explaining the subject is very good, anyone can understand 👏

[aakashsuryavanshi]

You are the Best Teacher forever ❤️, I have understand all things very easy method.

[techunboxed]

RCM on advocate services is cuz of supreme court, which says that adv are helpers of court and help in dispensing justice and they should not be taxed. In my opinion it's just wierd. Even tax professional (CAs) help the government to collect tax by way of filing returns and consulting their clients on tax laws. Thinking in line with SC even CA service shall be on RCM.

[bhushanbhaglani]

You explained it in the bestest way 🫡🫡

[priyagawas-fwmj]

Wow, very very nice explanation about RCM. i never thought RCM would be an easier concept. Thankyou

[janhavibhosale]

this was so helpful!!! great explaination

[Sourabh]

One of very interesting video i have ever had upto now, Found very interesting and useful 👏👏

[blackhathacker]

Ek question hai sir jaise lawyer ke case me lawyer agar koe service provide krte hai to woh recipient ko jake govt ko pay krni padhti hai but agar recipient hi registered person na ho gst me to wo kaise govt ko pay krega gst ye bataiye aise to govt se wo bach ke nikal lagega govt ko toh gst mila hi nhi bataiye sir

[Ashish-gjvx]

Advocate services should be covered under forward charge.

BTW the video is very very informative. Kindly make more such videos

[smartbndilaxmi]

Wow sir you are amazing.🤩🤩
You are very intelligent 🧠 and handsome too.your teaching method is super se bhi uper💚🧡❤️. Thank you so much sir for giving us information with best examples 🥰🥰🥰

[shreyajha]

Thank you sir
You make every concepts easily understandable

[mayank]

7:08 i think rcm for advocate services are applicable only if it is given to a registered person

[blackhathacker]

Hme pta kaise chalega ki kaha kaha reverse charge lagana hai ye to bataiye kyunki daily life me to kabhi Aisa dekha nhi ki hme gst pay krna padhe govt ko aur hum govt ko gst tbhi pay krenge na directly jab hum khud registered honge gst me hmara bhi gstn no hoga tbhi hum apna gst directly govt ko pay krenge agar hum koe service lenge supplier se to

Aur dusri baat agar man lijiye jo supplier hai wo to chliye registered nhi hai gst me to wo kehta hai customer ko ki aap jake apna gst govt ko dijiye jo RCM kehlata hai hai na but agar supplier to hai nhi registered aur sath me customer bhi registered na ho gst me tb kon gst pay krega govt ko ye bataiye

[equdobk]

Thank you sir aaj hi exam he thank you

[anjanathakwani]

Who will pay the tax in case a proprietor who is in construction business use the service of GTA ? the transporter or the GTA

[itsmeqadir]

Bhai yeh RCM.. Fixed ASSET pe apply hota hai kya..

Or bhai ager fixed asset pe hum ITC (INPUT TAX CREDIT) Kr lete hai.. Toh phie aage hum us fixed asset ki sale toh krenge toh phir humey vo itc kaise adjust hogi... Pls bro batao..i need to know

[Blackwidow]

Wat is the difference between rcm vs itc then both are same

[skalaunda]

so basically the bottom line is that govt of Netherlands was a big HUTIYA.. kyuki jab unko first place pe hi VAT nahi mila tha, toh chain k second businessmen ko unhone TAX ka input de hi kaise diya? Means to put it very simply. Agar pehle bande ne 1 lac tax collect kiya but govt ko nahi diya aur doosre bande ne 1.5 lac tax collect kiya aur govt ko kaha ki 1 lac toh aapke paas already aa chuka hai (pehle businessman k through), toh meri liability toh 50k ki hi hai, toh aap 50k rakho. Agar govt is baat ko maan gayi, toh yaha toh govt ki HUTIYA hui na bcz their systems are not in place properly. Agar govt hi itni halki hai even after having the best and quantity of resources toh phir toh kya hi expect karega banda govt se..

Sir, mai gst registered hun...agar mai unregistered scrab purchase karta ho further sale ke liye to keya rcm applicable hoga ?