GST Reverse Charge Calculator
Calculate GST liability under Reverse Charge Mechanism (RCM). Get accurate tax calculations for various RCM scenarios including unregistered dealers, GTA services, advocate fees, and more.
Supplies from unregistered persons to registered persons
CGST + SGST will be applicable
GST Liability under RCM
You need to pay ₹18,000.00 as GST to the government under reverse charge mechanism.
Reverse Charge Mechanism (RCM) is a system where the liability to pay GST is on the recipient of goods or services instead of the supplier. Under normal circumstances, the supplier charges GST from the customer and pays it to the government. However, under RCM, the buyer pays the GST directly to the government.
Key Points:
- • Recipient is liable to pay GST instead of supplier
- • Applies to specific goods and services notified by government
- • Both CGST and SGST (or IGST) need to be paid
- • ITC can be claimed if eligible
Disclaimer
This calculator provides estimates for educational purposes only. Actual GST liability under RCM may vary based on specific circumstances, notifications, and circulars. Please consult a GST practitioner or Chartered Accountant for accurate compliance. FincalFY is not liable for any decisions made based on these calculations.
Last Updated: December 2024 | Based on: GST Act, 2017 and latest notifications