Composite dealer purchased from URD. Then composition dealer ll be pay GST under RCM. The composite dealer supply goods to Hotel. Hotel ll be treated as it (EXCEMPT)... But, Can't take ITC. Simply said Hotel ll be loss his ITC if purchased from URD....
Dear Sanjeev., Please understand Supplier is Composition and receiver is Registered then receiver can't pay tax also can't take ITC. Bcoz, Composition dealer ll be given Bill of Supply. It's not noted tax amount.
Receiver is Registered and supplier is URD then pay tax Under RCM....
Receiver is Composition Dealer and Supplier is URD then Composition Dealer ll be pay Tax under RCM for the purchase....
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