Does the reverse charge applicable to only goods?
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Reverse charge applies only when there us a charge on supply.
Reverse charge applies only when there is a charge on supply. If supply is exempted, nil rated or non-taxable, RCM does not apply in such a case.
Recipient of goods or services discharges GST under RCM as if he is the person liable for paying the tax on supply procured by him. All provisions of the Act including the collection, recoveries and penal provisions apply to the recipient and he is required to pay applicable tax i.e., CGST and SGST/ UTGST, or IGST depending on location of supplier and place of supply. The tax liability needs to be discharged under RCM at applicable rate of tax.