Gst reverse charge on purchase of scrap
This query is : Open
21 September 2017
sir, i am a registered dealer, dealing in purchase of scrap (paper, plastic, metal etc...) from unregistered dealers, do i have to pay reverse charge/tax on purchase of scrap from unregistered persons or, i fall under marginal scheme as i purchase old goods and sell them without changing its nature....
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Read more at: https://www.caclubindia.com/experts/reverse-charge-on-scrap-purchase-2573469.asp
21 September 2017
Yes.... RCM is applicable.
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