Services under Reverse Charge Mechanism (RCM) | GST

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The services covered under reverse charge mechanism are

Sr.No Service Supplier Recipient of service
1 GTA Services Goods Transport Agency (GTA) Any factory, society, co-operative society, registered person, body corporate, partnership firm, casual taxable person; located in the taxable territory
2 Legal Services by advocate An individual advocate, including a senior advocate or a firm of advocates Any business entity located in the taxable territory
3 Services supplied by an arbitral tribunal to a business entity An arbitral tribunal Any business entity located in the taxable territory
4 Services provided by way of sponsorship to any body corporate or partnership firm Any person Any body corporate or partnership firm located in the taxable territory
5 Services supplied by the Central Government, State Government, Union territory or local authority to a business entity excluding: –

(1) renting of immovable property, and

(2) services specified below: –

(i) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Central Government, State Government or Union territory or local authority;

(ii) services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport;

(iii) transport of goods or passengers.

Central Government, State Government, Union territory or local authority

Any business entity located in the taxable territory
6 Services supplied by a director of a company or a body corporate to the said company or the body corporate A director of a company or a body corporate The company or a body corporate located in the taxable territory
7 Services supplied by an insurance agent to any person carrying on insurance business An insurance agent Any person carrying on insurance business, located in the taxable territory
8 Services supplied by a recovery agent to a banking company or a financial institution or a non-banking financial company A recovery agent A banking company or a financial institution or a nonbanking financial company, located in the taxable territory
9 Supply of services by an author, music composer, photographer, artist or the like by way of transfer or permitting the use or enjoyment of a copyright covered under section 13(1)(a) of the Copyright Act, 1957 relating to original literary, dramatic, musical or artistic works to a publisher, music company, producer or the like Author or music composer, photographer, artist, or the like Publisher, music company, producer or the like, located in the taxable territory
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Jan 16, 2018 - GST - Team SSB



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