Regarding rcm on gst
This query is : Resolved
09 October 2017
GOOD MORNING SIR / MADAM,
YESTERDAY GST MEETING IMPORTANT DECISIONS TAKEN BY GOVT. REGARDING RCM ON SECTION Section 9(4) of the CGST Act and 5(4) of the IGST. SIR IN SECTION 9(4) RAW MATERIAL COME . THEN SIR PLEASE CLEAR MY DOUBT THAT RCM ON SECTION 9(4). SIR IF WE PURCHASED DAILY USE MATERIAL LIKE PULSE ( DAL) NUT BOLT, FROM UNREGISTERED DEALER. THEN WILL WE NOT PAID GST ON THAT PURCHASE GOODS. THANKS
YESTERDAY GST MEETING IMPORTANT DECISIONS TAKEN BY GOVT. REGARDING RCM ON SECTION Section 9(4) of the CGST Act and 5(4) of the IGST. SIR IN SECTION 9(4) RAW MATERIAL COME . THEN SIR PLEASE CLEAR MY DOUBT THAT RCM ON SECTION 9(4). SIR IF WE PURCHASED DAILY USE MATERIAL LIKE PULSE ( DAL) NUT BOLT, FROM UNREGISTERED DEALER. THEN WILL WE NOT PAID GST ON THAT PURCHASE GOODS. THANKS
Dr. ShamsheerKhan
(Expert)
09 October 2017
you can purchase them from unregistered dealer. you do not need to be awesome until 31 3 2018
Dr. ShamsheerKhan
(Expert)
09 October 2017
you can purchase them from unregistered dealer. you do not need to be RCM Upto 31-3-2018
Dr. ShamsheerKhan
(Expert)
09 October 2017
you can purchase them from unregistered dealer. you do not need to pay RCM Upto 31-3-2018
31 October 2026
The 31 Mar 2018 deadline is long gone, and under current law there is still no RCM on buying goods such as pulses or nuts and bolts from unregistered dealers: since 1 Feb 2019 Sec 9(4) covers only notified promoters, and goods under RCM are limited to specific Sec 9(3) items like cashew nuts (not shelled or peeled), raw cotton, tendu leaves and silk yarn.
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