tax evasion, and seeking fraudulent subsidies, China Media Group (CMG) reported. Guangdong Huizhou Gaofushuai Culture Media Co was detected for issuing 1,196 false invoices through shell companies ...

Summary: The Reverse Charge Mechanism (RCM) in Goods and Services Tax (GST) shifts the liability to pay tax from the supplier to the recipient. Initially introduced under Service Tax, RCM is now ...