5 Simple Statements About Forward Charge Mechanism Explained
A GTA can prefer to spend GST at 5% (without the need of ITC) or 12% (with ITC) on their supplies. Some of the key benefits of opting to the forward charge mechanism are: For instance, if a chartered accountant delivered a support to his client, the company tax will likely be payable because of the chartered accountant. · The day on which payme