Are they required to issue tax invoices to themselves for each ... to recover input tax of the VAT paid under RCM. The clarification notes the administrative burden on UAE financial institutions ...

NEW DELHI: Indian corporates are encountering certain challenges related to GST compliance, particularly with the self-invoicing and reverse charge mechanism (RCM ... to note that, the invoice ...

Even if the supplier remains under the threshold, the recipient, who is liable to pay under RCM, must pay the tax. Additionally, a 2% Tax Deducted at Source (TDS) will be applied on the supply of ...