GST
This query is : Open
NISHANT SINGHAL
(Querist)
24 June 2017
What happens if a composite taxpayer purchases from an unregistered dealer ??
CA Rashmi Gandhi
(Expert)
24 June 2017
He has to pay tax on such transaction at normal rate under RCM.
Also no credit of same is available to him.
Dibin Divyakumar
(Expert)
24 June 2017
no, for a composite tax payer, the provisions of RCM does not apply.
CA Rashmi Gandhi
(Expert)
24 June 2017
Same is applicable Dibin Divyakumar .
Give Notification or Sec if any.
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