Reverse Charge Mechanism
This query is : Open
11 July 2017
Dear sir, please clarify when GST registered dealer purchased goods from GST composition dealer, will RCM applicable on the purchase value?.
Message likes :
1 times
11 July 2017
RCM not applicable purchased from RD/C. No ITC available,, it's loss to Register Dealer...
CA Rashmi Gandhi
(Expert)
11 July 2017
No RCM apply as composition dealer is also registered dealer in GST.
11 July 2017
@ Madam Rashmi Gandhi.,
Pls see the reply from Our Expert Mr. Dhirajlal Rambhia Sir....
https://www.caclubindia.com/forum/rcm-under-gst-402110.asp
Pls see the reply from Our Expert Mr. Dhirajlal Rambhia Sir....
https://www.caclubindia.com/forum/rcm-under-gst-402110.asp
CA Rashmi Gandhi
(Expert)
11 July 2017
Thats completely different query RAJA P M
CA Rashmi Gandhi
(Expert)
11 July 2017
You can't Claim ITC on goods purchased from Composition Dealer but purchase from Unregistered person doesn't attract RCM.
11 July 2017
Can't understand both replies...
I asked to him "In case ll be purchase from Composition dealer... RCM ll be applicable or not...?"
He replied "NO". Then how to take the answer...?
I asked to him "In case ll be purchase from Composition dealer... RCM ll be applicable or not...?"
He replied "NO". Then how to take the answer...?
CA Rashmi Gandhi
(Expert)
11 July 2017
He replied correctly........
CA Rashmi Gandhi
(Expert)
11 July 2017
RCM will not applicable on purchase from composition dealer.
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