Rcm Applicability URD Purchase
This query is : Resolved
Quick Summary
07 August 2024
If you purchase iron scrap from an unregistered dealer, the Reverse Charge Mechanism (RCM) typically applies. This means that you, as the recipient of the goods, are responsible for paying the GST directly to the government, rather than the supplier charging GST and paying it.
07 August 2024
But if I scrap buy from a unregistered person and sell the scrap to a registered dealer, will the RCM applicable
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