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..
CA R SEETHARAMAN
(Expert)
25 November 2017
Reverse charge not applicable on such purchase from 13th October 2017.
B Vinay Reddy
(Expert)
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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