What is RCM in GST? Reverse Charge Mechanism Made Simple

What is RCM in GST? Reverse Charge Mechanism (RCM) is a process where the recipient, not the supplier, pays GST. It applies to specific goods and services as per GST law. Businesses must understand RCM to ensure proper tax compliance and avoid penalties. This system helps the government track unregistered suppliers and streamline tax collection. Learn how RCM in GST works, its impact on businesses, and the steps to follow for compliance.

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