if i am traders purchases castor seeds from farmer and selling to Other registered dealer, Should i pay Reverse Charge on Value of purchase from farmer?
If u registered u will keep all books of accounts as per GST law. Not registered ,u will b issues bill of supply documents to a registered dealer.if value of goods above 50000/- e way bill is mandatory for the movement of goods.
RCM not applicable,but if u issued an purchase invoice against ur inward supply from urp, ITC can not claim,which will b shown in the blocked ITC as igst paid on import goods.
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