Urgent query - RCM when both buyer and seller are Unregistered
Ahmed Ali (388 Points)
04 August 2017After 15 days at the time of making my first payment to a registered supplier, I will take GST registration voluntarily. From this day onwards, I will get ITC on all the inward supplies.
1. If I receive any inward supply before my registration, am I eligible for the ITC on it?
2. And if I receive any goods/services from an unregistered supplier before my registration, Am I supposed to pay under reverse charge subsequently?
Please give detailed guidance on the same.