Reverse Charge Mechanism (RCM) Management | Advisorate
The Reverse Charge Mechanism (RCM) under GST shifts the tax liability from the supplier to the recipient of goods or services. Businesses dealing with specified goods, services, or transactions with unregistered dealers must comply with RCM regulations to avoid penalties and ensure seamless operations. Our RCM management services help businesses navigate these complexities efficiently.
Our RCM Services Include:
Assessment of Applicability
We analyze your business transactions to determine whether RCM applies and guide you on compliance requirements.
GST Registration & Compliance
Assistance in registering under GST for RCM liabilities and ensuring periodic compliance with reporting norms.
Invoice & Documentation Support
Proper invoicing, tax payment records, and reconciliations to maintain accurate records as per GST law.
Input Tax Credit Optimization
Ensuring that eligible ITC is claimed correctly against RCM payments, minimizing tax liabilities.
RCM Liability Computation & Payment Assistance
Accurate calculation of tax liabilities and timely payment to prevent interest and penalties. We ensure that all your RCM liabilities are properly tracked, calculated, and paid within the statutory timelines.
Filing of GST Returns
Reporting RCM transactions correctly in GST returns (GSTR-1, GSTR-3B, and annual returns) for compliance accuracy. Our team ensures that all your reverse charge transactions are properly reported in the appropriate returns.
Training and Advisory Services
Educating finance teams on RCM provisions, recent amendments, and best practices to ensure compliance. We provide tailored training sessions and continuous advisory support to keep your team updated with the latest RCM regulations.
Audit and Representation Support
Handling GST audits and responding to departmental notices related to RCM transactions. Our experts represent you before tax authorities and provide comprehensive support during audits to ensure smooth resolution of any RCM-related queries.
Our RCM Management Services
- Expertise in RCM Compliance with latest GST laws and amendments
- Industry-Specific Solutions tailored for your business sector
- Seamless GST Compliance with end-to-end support
- Time and Cost Efficiency through structured RCM management
- Dedicated support team for quick query resolution
Frequently Asked Questions
Related Services
GST Registration
Complete GST registration services including registration specific to RCM requirements.
Learn moreGST Return Filing
Comprehensive GST return filing services including proper reporting of RCM transactions.
Learn moreIndustry-Specific Tax Solutions
Tailored tax solutions for your industry including sector-specific RCM requirements.
Learn more