Question
Under GST, the 'Reverse Charge Mechanism' (RCM) implies
that the tax is paid by:Solution
Normally, the supplier of goods/services is liable to pay GST. Under the Reverse Charge Mechanism (RCM), the liability to pay tax is shifted from the supplier to the recipient of the goods/services. This is applicable in specific cases notified by the GST Council.
Rites pertaining to the stages of life are called samskaras.
Match the Samskaras listed in List I with its true meaning mentioned in List II. ...
If the area of a circle is 616 cm², then the circumference of the circle is:
Match the names of slash-and-burn agriculture (List-1) with their related states (List-2).
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Which branch of physics deals with properties of fluids at rest?
The ‘Grow More Food’ campaign was launched in the year:
Which bonding material was mainly used to join the stones or bricks of 'The Great Bath' of the Harappan Civilisation?
The campaign 'Ek Tareekh, Ek Ghanta, Ek Sath' is associated with which occasion?
What is the correct full form of NABARD from below?
Which specific shocks were mentioned in the RBI Annual Report 2023 as contributing to the challenges faced by the global economy in 2022 and potentially...
What is the maximum deposit limit under the Senior Citizen Savings Scheme (SCSS)?