Composition dealer need to pay RCM on purchase from URD?
Saurabh Malani (32 Points)
04 August 2022
Composition dealer need to pay RCM on purchase from Unregistered purchase ..?
Saurabh Malani (32 Points)
04 August 2022
Kuldeep Negi
(12 Points)
Replied 04 August 2022
CA Mayank A Jain
(Chartered Accountant in Practice)
(1030 Points)
Replied 05 August 2022
No. There is no such requirement to pay GST under RCM for procurements from unregistered person. The requirement was only there from 01.07.2017 to 12.10.2017. There is no requirement today. It is applicable only for real estate industry.
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