Reverse Charge Mechanism (RCM) and Forward Charge Mechanism (FCM) are two distinctive ways of levying tax on merchandise and services. RCM is really a process in which the recipient of products or services is liable to pay tax to the government rather than the provider. India is a country the place you will find arranged in addition to unorganized

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Reverse demand Mechanism (RCM) is a technique in GST where the receiver pays the tax on behalf of unregistered, scaled-down material and repair suppliers. The receiver of the goods is qualified for Input Tax credit rating, though the unregistered dealer is not. Furthermore, companies really need to report the alterations within the SAC/HSN code wi