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Reverse Charge Mechanism GST - Goods and Services Tax - GSTExtract Hi All, As per Section 9(4) of Central Goods and Services Tax Act, 2017 , if the services received from an unregistered persons to the tune of Rs.5,000/- and above in a year then the recipient of service is liable to pay Tax under Reverse Charge mechanism. Is the above provision applicable for any payment above Rs. 5000/-/ For example- consultancy charges paid to professional (Unregistered) for Rs. 15000/-. Is RCM applicable for the same? Thanks in advance.
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