Delve into the world of GST and explore the intricacies of the Reverse Charge Mechanism (RCM) and its relevance to SMEs and business owners. Learn the step-by-step process of identifying transactions subject to RCM, determining GST rates, calculating Input Tax Credit (ITC), and making payments. This guide simplifies the concept with real-world examples, helping you seamlessly integrate RCM into your daily business operations.
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