Rcm
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 July 2017
I purchase certain item from a shop who is not registered under GST due to turnover limitation. Usually the shopkeeper's purchases are GST included. Is I have to pay GST on my purchases from such unregistered business entity on RCM basis.
21 July 2017
Yes he is loss his Tax amount.
Also you pay the tax on RCM basis.
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