The forward charge mechanism (FCM) is usually a mechanism during which the provider of goods or solutions is entrusted While using the process of amassing the tax through the receiver and remitting it to The federal government. It is the supplier of products or services which includes the liability of the tax payment beneath the forward charge mec
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submitting tax returns punctually is an important part of being GST-compliant. Learn more about which returns your small business really should file, and how to file them punctually. The e-invoicing process was manufactured relevant from 1st October 2020 for enterprises using an once-a-year aggregate turnover of a lot more than Rs. 2012 – Discu