CBEC explains Reverse Charge Mechanism, registration mandatory, advance payment taxable under GST

CBEC explains Reverse Charge Mechanism (RCM) under GST law i.e. where liability to pay tax is on recipient of service, states that there are 2 type of reverse charge scenarios provided in law: (i) dependent upon nature of supply and/or nature of supplier and (ii) taxable supplies by any unregistered person to a registered person (where aggregate value is more than Rs. 5000 in a day); Person liable to pay tax under RCM to compulsorily register under GST and threshold limit of ...