Govt Defers Reverse Charge Mechanism under GST till 31st March

.
The Central Government, today notified that the implementation of provisions relating to reverse charge mechanism will be applicable from 1st April 2018.
.
The last GST Council meeting held at New Delhi had decided to suspend the reverse charge mechanism under sub-section (4) of section 9 of the CGST Act, 2017 and under subsection (4) of section 5 of the IGST Act, 2017 till 31.03.2018 and will be reviewed by a committee of experts. This will benefit small businesses and substantially reduce compliance costs.
.
The Notification issued today exempts the inter-State supply of goods or services or both received by a registered person from any supplier, who is not registered, from the whole of the integrated tax leviable thereon under sub-section (4) of section 5 of the said Integrated GST Act till the 31st day of March, 2018.