Rcm
This query is : Open
Guest
Guest
(Querist)
21 September 2017
If we purchase goods of rs.10000 from the unregistered person in july and sell that goods in july then are we liable to pay reverse charge for that purchase for july?
CA Rashmi Gandhi
(Expert)
22 September 2017
Yes you have to pay GST under RCM u/s 9(3)
Guest
Guest
(Querist)
22 September 2017
Thank you for reply. There is one case in which a person pays rcm for july month and files gstr 3b. After paying rcm for july he showed that amount of rcm as input credit in gstr 3b of july month. Is it proper?
CA Rashmi Gandhi
(Expert)
22 September 2017
Yes....Its correct
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