Easy Office

Rcm

This query is : Open 
Profile Image

Guest

Profile Image

Guest (Querist)
21 September 2017 If we purchase goods of rs.10000 from the unregistered person in july and sell that goods in july then are we liable to pay reverse charge for that purchase for july?
Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
22 September 2017 Yes you have to pay GST under RCM u/s 9(3)
Profile Image

Guest

Profile Image

Guest (Querist)
22 September 2017 Thank you for reply. There is one case in which a person pays rcm for july month and files gstr 3b. After paying rcm for july he showed that amount of rcm as input credit in gstr 3b of july month. Is it proper?



Profile Image

CA Rashmi Gandhi

Profile Image

CA Rashmi Gandhi (Expert)
22 September 2017 Yes....Its correct

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links