⚠️ STRICTLY CONFIDENTIAL - For use by clients of Karwa and Associates only. Do not distribute or share. © CA Anshul Karwa.
⚡ Reverse Charge Mechanism made simple

RCM Portal
Reverse Charge under GST

Where the recipient pays the tax instead of the supplier. Find out which services fall under RCM, how much to pay in cash, and how to claim ITC after payment - all in one place.

9+Notified RCM services
18%Most common rate
CashOnly cash payment
100%ITC after payment
Remember these first

The 3 Golden Rules of RCM

The entire logic of reverse charge can be understood from these three rules.

By CA Anshul Karwa
1

Pay only in Cash

RCM tax must be paid only in cash through the Electronic Cash Ledger (GST PMT-06). You cannot use Input Tax Credit (ITC) to pay RCM tax.

By CA Anshul Karwa
By CA Anshul Karwa
2

ITC after payment only

You can claim ITC of RCM tax only after paying it in cash - subject to Sections 16 & 17 (business use, non-exempt, and not blocked).

By CA Anshul Karwa
By CA Anshul Karwa
3

Issue a Self-Invoice

When buying from an unregistered vendor, you must issue a Self-Invoice (Sec 31(3)(f)) and a Payment Voucher.

By CA Anshul Karwa
How much tax?

RCM Calculator

Pick a service, enter the amount, and instantly see the RCM tax to deposit in cash, the ITC you can claim, and its split into CGST / SGST / IGST.

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Enter an amount to see the results here…
By CA Anshul Karwa
How to record it

Auto 4-Step Journal Entries

Based on the values in the calculator above, ready-to-use journal entries are generated below - copy them straight into your books.

By CA Anshul Karwa
Entries will appear here once you enter an amount in the calculator…
By CA Anshul Karwa
Where does RCM apply?

RCM Service Directory

Search the notified list to see the service, supplier & recipient, statutory provision, and applicable GST rate.

By CA Anshul Karwa
By CA Anshul Karwa