Reverse Charge Mechanism (RCM) under GST — Complete List of Services & Goods 2026
Under the Reverse Charge Mechanism (RCM), the responsibility of paying GST shifts from the supplier to the recipient. Instead of the supplier collecting and depositing GST, the recipient becomes liable to pay the tax directly to the Government. RCM applies only to specified supplies notified under GST. For businesses, identifying RCM transactions correctly is important…
