Deferment of RCM on procurements made from unregistered person extended till September 30, 2019
The Central Board of Indirect Taxes and Customs Vide Notification No 22/2018 – Central Tax (Rate) dated 06th August, 2018 has deferred the payment of Goods and Services tax under Reverse Charge Mechanism (RCM) on purchases of taxable supplies from unregistered supplier till 30th day of
September 2019. A similar notification was issued under IGST Act vide Notification No 23/2018 – Integrated Tax (Rate)dated 06th August 2018 and under the UTGST Act vide Notification No 22/2018 – Union Territory Tax (Rate) dated 06th August, 2018.