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The REGISTERED COOPERATIVE MANAGER (RCM) program is an affiliate of the National Association of Housing Cooperatives The Registered Cooperative Manager (RCM) Certification program is the only nationally
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RCM information stands for Reverse Charge Mechanism information. It is a method of collecting tax liability on the recipient of goods or services rather than the supplier.
Businesses or individuals who are registered under the reverse charge mechanism are required to file RCM information.
RCM information can be filled out by providing details of the transactions where reverse charge mechanism applies, including the GSTIN of the supplier, invoice details, and tax amounts.
The purpose of RCM information is to ensure proper tax compliance and reporting under the reverse charge mechanism.
Information such as GSTIN of the supplier, invoice details, tax amount, and the nature of transaction must be reported on RCM information.
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