Thursday, July 26, 2018

RCM applicable for Service by Individual Direct Selling Agents (DSAs) to Banks / NBFCs [Read Notification]

The Central Board of Indirect Taxes and Customs ( CBIC ) has notified that the services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) are taxable under Reverse Charge Mechanism ( RCM ). The 28th meeting of the GST Council on last Saturday has recommended the Government to place liability […]

The post RCM applicable for Service by Individual Direct Selling Agents (DSAs) to Banks / NBFCs [Read Notification] appeared first on Taxscan | Simplifying Tax Laws.



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