Reverse Charge Mechanism (RCM) under GST further Deferred/ Suspended till 30 June 2018: CBEC
As per CBEC Press Release, based on the GST Council recommendations dt. 10 March 2018, the reverse charge mechanism (RCM) has been further deferred/ suspended till 30 June 2018. In the meantime, a Group of Ministers (GoM) will look into the modalities of its implementation to ensure that no inconvenience is caused to the trade and industry.
Further, it may be noted that CBEC is yet to issue any official notification/ circular in the matter.