Master Chart on RCM under GST

 

RCM ON SERVICES

#

SAC

WEF^{@}

Type of Service

Supplier

Recipient

Rate

1

Any

01-07-17

Import of Service
(When - Supplier is Outside India
- Recipient is In India
- PoS is In India)
(Intermediary Services liable WEF 30-03-26)

Person located in a Non-Taxable Territory

Person located in the Taxable Territory -IMPORTER

See NN 08-2017 ITR

2

996511

01-07-17

Goods Transport Services By Road

GTA
(Who has not Opted for
Forward Charge)

Any Registered Person under GST / Factory /Society / Co-op Society / Body Corporate /Partnership Firm / AOP / Casual Taxable Person
(Who Pays to GTA)

5%

Note: 1) The Option is with GTA either to go with FCM or RCM. If GTA has opted FCM, then it'll be under Forward Charge
2) RCM on GTA Services is Not applicable to CG / SG / Local Authority / Govt Agencies who is registered only for GST-TDS
3) Unregistered Recipient (say Individual), other than specifically listed as "Recipient" as above, are exempted from RCM (Entry 21A NN 12-2017 CTR)
4) GTA Services by Road for Agriculture Produce, milk, salt, food grain, flour, pulses, rice, newspapers etc. are exempted (Entry 21 NN 12-2017 CTR)

3

996601

01-10-19

Renting of Passenger Transport Vehicle
- When Cost of Fuel is included

Any person Except body
corporate
(Who has not opted for 18%
Forward Charge)

Body Corporate

5%

 

Note: 1) The Option is with Supplier either to go with 18% or 5%. If Supplier has opted 18%, then it'll be under Forward Charge
2) ITC to the recipient is not eligible (unless the Approved seating capacity of the vehicle is > 13)

4

9982**

01-07-17

Legal Services
(In any Branch of law, Say GST)

By Advocate or Firm of
advocate

Business Entity

18%

 

Note: Business Entity having Turnover below 40L / 20L / 10L and not required to get registration - is also exempted from paying RCM of Legal Services
(Entry 45 NN 12-2017 CTR)

5

Any
(for
Royalty:
997337)

01-07-17

Any Services Supplied by CG, SG, UT or
Local Authority (Including ROYALTY
Payment to Govt)
EXCEPT:
1) Renting of Immovable Property
2) Postal Department's Services
3) Aircraft of vessel Services
4) Transport of Goods / Passengers

CG, SG, UT or Local
Authority

Business Entity

See NN 11-2017 CTR

6

997211/
997212

25-01-18

Renting of Immovable Property by CG,
SG, UT or Local Authority
(Except by Indian Railways)

CG, SG, UT or Local
Authority

Any Registered Person

18%

7

997211

18-07-22

Renting of Residential Property
(Use can be Any - Residential / Commercial)

Any person

Any registered person

18%

Note: If Such Residential Property is taken on Rent to by a "Proprietor" for his personal Use, then it’s exempted (Entry 12 NN 12-2017 CTR)

8

997212

10-10-24

Renting of Commercial Property
(Any Immovable Property, Except
Residential Property)

Any unregistered person

Any registered person
(Except Composition Tax Payer)

18%

Note: If Supplier of Renting of Commercial Property is Registered, then It'll be Under Forward Charge

9

998525

01-01-19

Security Services

Any person
(Except body corporate)

Any registered person

18%

Note: 1) RCM on Security Services is Not applicable to CG / SG / Local Authority / Govt Agencies who is registered only for GST-TDS.
2) RCM on Security Services is Not applicable to Composition Taxable Person

10

9983**

01-07-17

Services supplied by a Director

Director

Company / Body Corporate

18%

Note: 1) Services Provided only "In the Capacity of Director" will be covered (Circ 201-2023 Dt. 01-08-23)
2) if Such Director on Employment and TDS is deducted u/s 192, then Sch-III Item, No GST (Circ 140-2020 Dt. 10-06-20)

11

9971**

01-07-17

Services supplied by an insurance agent

An insurance agent

Person carrying on insurance business

18%

12

997159

27-07-18

Services by INDIVIDUAL DSAs
(other than Body Corporate / P'ship / LLP)

INDIVIDUAL DSAs

Bank / NBFC

18%

13

997159

01-01-19

Services by Business Facilitator (BF)

Business Facilitator (BF)

Bank

18%

14

997159

01-01-19

Services by Agent of Business
Correspondent (BC)

Agent of business
Correspondent (BC)

Business Correspondent

18%

15

998215 /
Any

01-07-17

Services supplied by an Arbitral Tribunal

An Arbitral Tribunal

Business Entity

See NN 11-2017 CTR

16

998397

01-07-17

Sponsorship Services

Any person
(Except body corporate)

Body Corporate / P'ship firm

18%

17

998599

01-07-17

Services supplied by a Recovery Agent

Recovery Agent

Bank / Financial Institution / NBFC

18%

18

997332
/ 33

01-07-17

Transfer / permitting the use /
enjoyment - of a Copyright

Music composer,
photographer, artist, or
the like

Music company, producer or the like

18%

19

997334

01-07-17

Transfer / permitting the use /
enjoyment - of a Copyright

Author
(Except those Author Who
Opted Forward Charge)

Publisher

18%

20

Any

13-10-17

Supply of services by the members of
Overseeing Committee to RBI

Members of Over-seeing
Committee

RBI

See NN 11-2017 CTR

21

997119

01-10-19

Services of lending of Securities

Lender

Borrower

18%

 

 

 

 

 

 

 

RCM ON GOODS

#

HSN

WEF

Type of Goods

Supplier of Goods

Recipient of Goods

Rate

1

0801

01-07-17

Cashew nuts, not shelled or peeled

Agriculturist

Any registered person

5%

2

14049010

01-07-17

Tendu Leaves

Agriculturist

Any registered person

18%

3

2401

01-07-17

Tobacco Leaves

Agriculturist

Any registered person

5%

4

5201

15-11-17

Raw cotton

Agriculturist

Any registered person

5%

5

33012400
/ 2510

01-10-21

Essential Oils

Any Unregistered Person

Any registered person

5%

6

33012520 /
30 / 40 / 90

01-10-21

Essential Oils

Any Unregistered Person

Any registered person

18%

7

5004 /
5006

01-07-17

Silk yarn

Any person who
manufactures silk yarn

Any registered person

5%

8

Any

01-07-17

Supply of lottery

State Govt / UT / Local
Authority

Lottery distributor or selling agent

40%

9

Any

13-10-17

Used vehicles / seized goods / used
goods / scrap

CG / SG / UT / Local
Authority (Except Indian
Railways)

Any registered person

See NN 09-2025 CTR

10

Any

28-05-18

Priority Sector Lending Certificate

Any registered person

Any registered person

18%

11

72 to 81

10-10-24

Metal scrap

Any unregistered person

Any registered person

18%

Note: Generally, if Supplier’s 100% Turnover falls under RCM, he is not required to take Registration even if ATTO exceeds 20L / 40L (NN 05-2017 CT).
The said benefit is not available to Metal Scrap Supplier (NN 24-2024 . 10-10-24). Upon Registration, such Transaction will fall under FCM.

 

 

 

 

 

 

 

RCM for PROMOTOR - BUILDER

#

HSN / SAC

WEF^{@}

Type of Goods / Service

Supplier

Recipient

Rate

1

9972**

01-04-19

Transfer of Development Rights /
FSI / Long term lease of land (30 years
or more)

Any person

Promoter
(Residential / Commercial - Any)

18%

Note: 1) For Residential Projects - RCM is applicable Proportionally - only for those apartments which remains un-booked on the date of completion (Entry 41A 12-2017 CTR)
2) For Residential Projects - RCM @18% on TDR / FSI etc. shall not exceed 1% / 5% of the consideration value of un-booked apartments (Entry 41A 12-2017 CTR)
3) RCM Liability required to be discharged at the time when the completion Certificate has been issued (NN 06-2019 CTR)

2

Any

01-04-19

Supply of Any Goods or Services Except
TDR / FSI / Long-term Lease of Land
(When Such Purchase from Registered Person Falls short of 80% of Total Purchase)

Unregistered

Promoter of Residential Real-Estate Project (RREP)

FLAT RATE
18%

3

2523

01-04-19

Cement

Unregistered

Promoter
(Residential / Commercial - Any)

18%

4

Any

01-04-19

Capital Goods

Unregistered

Promoter of Residential Real-Estate Project (RREP)

See NN 09-2025 CTR
CA Rupesh Uchhadiya on