Ad-Free CAclubindia and daily updates on your mobile. Subscribe Now!

RCM credit

Neeraj Kumar Tibrewal (1 Points)

25 December 2017

weather RCM available on payments made to unregistered labour contractor

Reply
Follow
Share

14 Replies

Rakesh Bandal (Self Employed and Agriculture) (1349 Points)
Replied 25 December 2017

Right now RCM is cancelled till 31.03.2018

1 Like

Mondira Saha (GST) (3925 Points)
Replied 25 December 2017

RCM not applicaple from 13-oct-17 to march -18 other than GTA

1 Like

Mondira Saha (GST) (3925 Points)
Replied 25 December 2017

RCM not applicaple from 13-oct-17 to march -18 other than GTA

1 Like

manisha (cs) (1118 Points)
Replied 25 December 2017

Rcm not applicable other than unregistered purchase which is covered in sec 9(4)
Other than that rcm applicable
Since your case is of unregistered purchase hence rcm not applicable

manisha (cs) (1118 Points)
Replied 25 December 2017

Typing error I mean
Rcm not applicable in unregistered declare purchase case rest cases where rcm is covered in sec 9(3)
There it is applicable
Hence your case rcm not applicable till 31st March18

Mondira Saha (GST) (3925 Points)
Replied 25 December 2017

clear your answer manisha ji ... do not confuse any one

manisha (cs) (1118 Points)
Replied 25 December 2017

I said not applicable in his case.
But this is wrong statement that only gta rcm applicable

manisha (cs) (1118 Points)
Replied 25 December 2017

Hope this will help u also

Mondira Saha (GST) (3925 Points)
Replied 25 December 2017

not answer critically pls

HEMAL SHAH (ACCOUNTANT) (23 Points)
Replied 25 December 2017

RCM on Rent is applicabel from 13-oct-17 to march -18 ? Right ?

Also how to take GST input on fixed assets ? Shall we have to divde life cycle of Assets & take yearly input of total input ?

Mondira Saha (GST) (3925 Points)
Replied 25 December 2017

no RCM on rent not applicable for till 31 march 18

for capital goods ITC pls visit this link it helps you

https://www.youtube.com/watch?v=bVyqjGiIjPE&list=PL-DdSi94kMoPS7uvIpZr65eD9spW1svFy