Reverse charge machenism
This query is : Resolved
10 August 2017
Pls clarify If a registered person under GST as regular dealer buys services or goods from a composite scheme dealer, wether there will be a RCM on this transaction?
If no please clarify input tax treatment on such transaction.
Thank's
ravi--9988425252
If no please clarify input tax treatment on such transaction.
Thank's
ravi--9988425252
CA Rashmi Gandhi
(Expert)
10 August 2017
No need to pay under RCM on purchse from composition dealer.
Message likes :
1 times
11 August 2017
Thank's for reply.
Now pls also clarify how purchase from Composite Dealer will taken in purchase book and how tax will be treated on it.
(Let suppose Rs.100/- Inward supply bill.) no HSN CODE & Tax detail mentioned on Invoice, as Composite dealer has issued bill of supply, but supply comming under 12% tax category)
Now pls also clarify how purchase from Composite Dealer will taken in purchase book and how tax will be treated on it.
(Let suppose Rs.100/- Inward supply bill.) no HSN CODE & Tax detail mentioned on Invoice, as Composite dealer has issued bill of supply, but supply comming under 12% tax category)
CA Rashmi Gandhi
(Expert)
11 August 2017
You have given an option in return to show purchase from composition dealers
Message likes :
1 times
13 August 2017
Thanks for Reply..
Your reply is upto point.
But my question was for Books of account (Purchase Book) not for GST Return. Pls try to cover complete question, as I expect more from you.
Your reply is upto point.
But my question was for Books of account (Purchase Book) not for GST Return. Pls try to cover complete question, as I expect more from you.
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