Reverse charge applicable on Partnership Firm who is not registered under GST
Normally, In GST a seller is required to pay GST in forward charge but there are some situation also where a buyer is required to pay GST. Here is the list of services on which partnership firm is required to pay GST even if it is not registered under GST. Reverse charge (RCM) is depend varies things like person is registered or not, what is the status of the person like it is partnership firm or body corporate or business entity etc., what is the location of service provided etc. But I hereby discuss RCM applicability for partnership firm only. This is the full list of services where GST is paid by partnership firm:
1. Supply of Services by a goods transport agency (GTA) in respect of transportation of goods by road who has not paid central tax at the rate of 6%
2. Services supplied by an individual advocate including a senior advocate or firm of advocates by way of legal services, directly or indirectly.
3. Services supplied by an arbitral tribunal
4. Services provided by way of sponsorship by any person
5. Services supplied by the Central Government, State Government, Union territory or local authority excluding, -
(A) renting of immovable property, and
(B) services specified below-
(i) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Central Government, State Government or Union territory or local authority;
(ii) services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport;
(iii) transport of goods or passengers.
