Gst under rcm applicable
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 October 2017
whether RCM under GST applicable on
NIL rated -
Zero rated -
Exempted services or Goods.
expenses incurred for the above said services or goods for sale or services
NIL rated -
Zero rated -
Exempted services or Goods.
expenses incurred for the above said services or goods for sale or services
02 October 2017
RCm not applicable on
nil rated
zero rated
exempted goods or services
But RCM is applicable on taxable expenses incurred for above goods or services
02 October 2017
Agreed with Anshul Aggarwal
No RCM applicable on Nil rated & zero rated supply.
Also if you take any taxable services in relation to such supplies then you have to pay tax under RCM
03 October 2017
Yes...
Agreed with Both experts replies...
RCM applicable for URD inwards and notified inward supplies. Otherwise no need RCM if you received from registered dealer and Composition dealer...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- ECO SUPPLY REPORTIONG IN GSTR-1
- Non issue of e way bill
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- Payment to foreign customer
- Gstr7 vs Gstr3b 2026
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
