RCM applicable when buying old iron

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If you're a GST trader buying old iron from individuals without GST registration, you may need to pay GST under the Reverse Charge Mechanism (RCM) as per Section 9(3). This applies even if you're already paying 18% GST on your sales. It's crucial to understand these regulations to ensure compliance when dealing with such purchases.

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(Querist)
02 February 2020 I sell old iron to GST traders.
I buy this old iron from ordinary people who don't have GST
Should I pay tax under Section 94 for old iron?
present I am pay GST of 18% on sales
Please you can advise
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 February 2020 Yes RCM applicable under section 9(3).
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K kumar

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K kumar (Querist)
02 February 2020 Thank you sir and advice with a reference section
great sir
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
03 February 2020 Welcome....................
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