Comprehensive Guide to Forward Charge Mechanism (FCM) Under GST | Tax Professional Blogs | Scoop.it
From blog.saginfotech.com - December 11, 2023 12:38 AM

In this essay, we will look at the GST Forward Charge Mechanism, its functionality, and the benefits it provides. In addition, we will examine the impact of FCM on small firms and look into ways to reduce compliance expenses. The Forward Charge Mechanism (FCM) is a critical component of the GST system, as it places the supplier in charge of tax collection and payment.