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Supplies are procured from inter state from urd

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Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2017 Dear experts,
What will be the impact if supplies are procured from inter state from Unregistered person. Whether we a receipent would be liable for GST under RCM ? & What type of GST will be applicable ?
Urgently please.

CA Saloni

CA Saloni (Expert)
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05 August 2017 in first place, the seller selling inter state goods, has to take compulsary registration.
If he is not regd, RCM is applicable on registered receiver.IGST will be booked.

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Studentsca

Studentsca (Expert)
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05 August 2017 Interstate transaction cannot take place unless the seller is registered.

IGST will be levied on the value of supply.

Question of RCM does not arise.

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