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chilli's rcm... reg

NAGA (ACCOUNTANT) (519 Points)

01 February 2019

Sir,
We purchase chillies from farmers, and the same sold to Companies (b2b). So in this transaction is rcm applicable?
Pls.

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4 Replies

Sarath Rajendran (Nil) (2791 Points)
Replied 01 February 2019

No RCM

Notification No. 01/2019 – Central Tax (Rate)

New Delhi, the 29th January, 2019

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NAGA (ACCOUNTANT) (519 Points)
Replied 01 February 2019

Sir, we purchase from unregistered dealer.. So, why rcm not applicable. Pls

Vatsla Alagh (1545 Points)
Replied 01 February 2019

RCM will be applicable only on specified registered person dealing in specified goods and services as per Notification No. 01/2019 and Notification No. 02/2019 CGST. And such specified registered person and goods and services are not yet notified by the government.

Vinod Babu (24196 Points)
Replied 01 February 2019

As per your query, RCM on inward supplies from URD is deferred to 30/09/2018.

Provision of section 9(4)- liability of GST under reverse charge on inward supply from unregistered has only been deffered till 30th Sep 2019.
but Services covered under section 9(3) ie GTA, Advocate Services when avail , the RCM has to be done .

So No need to pay GST on RCM.