Reverse Charge Mechanism (RCM) and Forward Charge Mechanism (FCM) are two diverse methods of levying tax on products and companies. RCM is usually a method where the receiver of goods or providers is liable to pay tax to the government as check here an alternative to the supplier.
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Introducing GST has also led to an increase in intake and indirect tax revenues. mainly because of the cascading influence of taxes under the earlier regime, the costs of products in India have been increased than in world-wide marketplaces. Even involving states, the decreased VAT fees in specific