"What is the taxable event under GST? Is the reverse charge mechanism applicable only to services?"
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"Dear Friend,
as far as your query is concerned let me informed regarding your query that
Supply of goods and/or services. CGST & SGST will be
levied on intra-state supplies while IGST will be levied on
inter-state supplies. The charging section is section 7 (1)
of CGST/SGST Act and Section 4(1) of the IGST Act. And No, reverse charge applies to supplies of both goods
and services.
Hope answer regarging your query was helpful to you.
Also let me know your further query.
Regards,
Arjun Pratap Singh
"