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RCM applicable

25 June 2017

if i am a resident of punjab and go to Delhi for business purpose & purchase goods from unregistered dealer. am i liable for rcm ?

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16 Replies

dattaraj meshram (68 Points)
Replied 25 June 2017

yes, but for interstate transaction now GST registration is compulsory

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Sudhanshu Kumar Jindal (19 Points)
Replied 25 June 2017

if i am also unregistered dealer or composition dealer

dattaraj meshram (68 Points)
Replied 25 June 2017

no set off

CA NEHA RAMPURIA (Taxation Consultant) (1823 Points)
Replied 25 June 2017

if your under composition scheme you cant sell your goods outside your state .

Dibin Divyakumar (CA) (743 Points)
Replied 25 June 2017

any person making interstate supply has to be registered in GST, so question of buying from an unregistered interstate dealer will not arise...

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Sudhanshu Kumar Jindal (19 Points)
Replied 25 June 2017

in this case I am not seller. I am purchaser

dattaraj meshram (68 Points)
Replied 25 June 2017

if u r only purchser then no registration need

ncdexspotrateslive-tcm challak (14 Points)
Replied 25 June 2017

gst tax rate for groundnut and groundnut seeds

SAJJAN KUMAR GINDORIA (PROPRIETOR) (35 Points)
Replied 25 June 2017

i am commission agent getting order in bihar on behalf of my principal in gujrat principal directly billing to party in bihar I am getting commission on order tata commission 10 lakh am I liable for gst

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vipin singh dhami (GST Consultant) (51 Points)
Replied 26 June 2017

employee reimbursement also covered in rcm ????

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CA NEHA RAMPURIA (Taxation Consultant) (1823 Points)
Replied 26 June 2017

No unless interest account has been given to the employee

CA NEHA RAMPURIA (Taxation Consultant) (1823 Points)
Replied 26 June 2017

You are not liabe to get registered as an agent since direct billing is being done to the third party by the principal and your turnover is below 20/10lacs