Reversed charge mechanism
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 November 2017
hello, purchase from unregistered person 12000/- or above in a day , How to raise bill for purchase in own tax invoice. how to claim or setoff credit for RCM..
25 November 2017
Reverse charge not applicable on such purchase from 13th October 2017.
25 November 2017
Yes RCM u/s 9(4) is suspended till 31 st March,2018 as decided by 22nd GST Council Meeting
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