Exemption for payment of tax under reverse charge mechanism (RCM)

Exemption for payment of tax under reverse charge mechanism (RCM)

Further extension of Exemption for payment of tax under reverse charge mechanism (RCM) The Central Government, on the recommendation of the Council, on being satisfied to do so for public interest, by exercising the powers conferred under section 11(1) of the CGST Act, 2017, vide Notification No. 12/2018 Central Tax (Rate) dated 29.06.2018, has extended the exemption of liability to pay tax under Reverse Charge Mechanism under section 9(4) of the CGST Act, 2017 from 30.06.2018 to 30.09.2018. Notifications issued till date for payment of tax under reverse charge mechanism (RCM) under section 9(4) is summarised below:

Sl. No	Period	Notification No.	Condition
1	01.07.2017 to 12.10.2017	Notification No. 8/2017 (CT Rate) dated 28.06.2017	Where value of supply does not exceed . 5,000/- in a day.
2	13.10.2017 to 31.03.2018	Notification No. 38/2017 (CT Rate) dated 13.10.2017	No condition
3	01.04.2018 to 30.06.2018	Notification No. 10/2018 (CT Rate) dated 23.03.2018	No condition
4	01.07.2018 to 30.09.2018	Notification No. 12/2018 (CT Rate) dated 29.06.2018	No condition

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