Composite dealer


Acountant

gst composite register dealer purchase material from un registered dealer whether composite dealer has to pay tax on this purchase

 
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Professional

Yes, under RCM

 
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Acountant

what is rcm
 
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reverse charge macnism
 
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u have to issue taxable invoice to the unregistered dealer
 
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which supplies bills the composition scheme dealers have to furnish in there return
 
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Taxation Consultant

the composition dealer need to issue bill of supply . however they would require to provide consolidated details of outwards supply .
 
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