Rcm...urgent help required
This query is : Resolved
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Manisha Makhija
(Querist)
18 March 2025
I am suppose to purchase a mri machine of 2cr from a unregistered person..m i required to pay gst on rcm basis on that..pls clarify
19 March 2025
GST under RCM is for notified goods. If the said goods are covered under the notification. However if the supplier is making a transaction, he is already covered under the threshold limit and will need to take a registration, failure on his part will attract GST at a later stage and if the time period lapses then the credit will not be eligible. Have a written contract that at a later stage GST claim from the supplier will not be entertained
21 March 2025
How can a seller sell MRI machine costing 2 Crs. without Tax invoice?
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