Reverse Charge Mechanism

This query is : Open

madhup (Querist)
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11 July 2017 Dear sir, please clarify when GST registered dealer purchased goods from GST composition dealer, will RCM applicable on the purchase value?.

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RAJA P M

RAJA P M (Expert)
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11 July 2017 RCM not applicable purchased from RD/C. No ITC available,, it's loss to Register Dealer...

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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11 July 2017 No RCM apply as composition dealer is also registered dealer in GST.

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RAJA P M

RAJA P M (Expert)
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11 July 2017 @ Madam Rashmi Gandhi.,
Pls see the reply from Our Expert Mr. Dhirajlal Rambhia Sir....

https://www.caclubindia.com/forum/rcm-under-gst-402110.asp

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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11 July 2017 Thats completely different query RAJA P M

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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11 July 2017 You can't Claim ITC on goods purchased from Composition Dealer but purchase from Unregistered person doesn't attract RCM.

RAJA P M

RAJA P M (Expert)
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11 July 2017 Can't understand both replies...
I asked to him "In case ll be purchase from Composition dealer... RCM ll be applicable or not...?"
He replied "NO". Then how to take the answer...?

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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11 July 2017 He replied correctly........

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CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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11 July 2017 RCM will not applicable on purchase from composition dealer.