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AGENDA CITY COUNCIL MEETING May 10, 2023 6:30 P.M. A. 6:30 Call to Order B. Roll Call C. Open Forum The public is invited to speak at this time. Open Forum is limited to one half hour. No person may
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What is rcm guide?
RCM guide stands for Reverse Charge Mechanism guide. It is a guide that provides instructions on how to account for reverse charge transactions.
Who is required to file rcm guide?
Businesses that are registered under GST and engage in reverse charge transactions are required to file the RCM guide.
How to fill out rcm guide?
The RCM guide can be filled out online through the GST portal by providing details of reverse charge transactions.
What is the purpose of rcm guide?
The purpose of the RCM guide is to ensure proper accounting of reverse charge transactions and compliance with GST laws.
What information must be reported on rcm guide?
The RCM guide requires details of reverse charge transactions including the amount, GSTIN of the supplier, and GSTIN of the recipient.
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