Difference between Reverse Charge and Non-taxable supply under GST terms
What is Non-taxable supply? How does Reverse Charge work under GST regime? What are the difference between Non-taxable supply and Reverse Charge?
Under GST system, the following information explains about Non-taxable supply and Reverse Charge.
As per GST terms, Non-taxable supply means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services Tax Act and Reverse Charge means the liability to pay tax by the recipient of supply of goods or services or both instead of the supplier of such goods or services or both under sub- section (3) or sub-section (4) of section 9, or under sub-section (3) or sub-section (4) of section 5 of the Integrated Goods and Services Tax Act.
The details about Non-taxable supply and Reverse Charge with simple language from GST terms have been mentioned in this web blog separately. We suggest you to read these articles on Non-taxable supply and Reverse Charge, so as to enable you to have a clear idea on these GST terms.
For your immediate reference, we give below web links on Non-taxable supply and Reverse Charge separately below. You may kindly read the below links to know more about Reverse Charge and Non-taxable supply.
Term non-taxable supply under GST
What is Reverse Charge under GST
The above information easily explains about Reverse Charge and Non-taxable supply.
We hope, you have satisfied with the difference between Non-taxable supply and Reverse Charge explained above. Do you have different thought on difference between Reverse Charge and Non-taxable supply?
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