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...
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
11 July 2017
Thats completely different query RAJA P M
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...?
11 July 2017
He replied correctly........
11 July 2017
RCM will not applicable on purchase from composition dealer.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- UDIN ISSUE
- TDS on purchase of under construction property from a reseller
- SALARY CAN BE CAPITALIZE
- TDS on Fixed Assets purchased
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
