Composition dealer purchases from composition dealer

not applicable 

do you mean, Govt would not get Tax from RCM from Composition Dealers ever?

as both have to pay Tax on their Turnover at a rate say 1%

Originally posted by : shiraz ahmed
	do you mean, Govt would not get Tax from RCM from Composition Dealers ever? as both have to pay Tax on their Turnover at a rate say 1%

RCM applicable to Registered Dealer make Inward supplies from Unregistered Dealer.

But, Basically Composition Dealer is registered under GST.. So, RCM can't applicable for A composition Dealer purchased from Another Composition Dealer...

Originally posted by : g mahesh Mundra
	Samir you are wrong

Please explain yourself Mr. G Mahesh Mundra...!!!

But, when they (Composition_Dealer Seller) would not charge tax from Composition_Dealer Buyer, there is no payment of Input Tax by Composition_Dealers.

Input Tax would be paid by Composition_Dealers when they would purchase from Registered Dealer. (and No Credit will be available)

Please reply to these 2 separate scenario: Does RCM apply on the Composition_Dealer Buyer when he purchases from another Composition_Dealer:

1. Within State

2. Interstate

Originally posted by : mahendra sahoo
	Composition dealer should pay tax on monthly basis or quarterly basis

Quarterly Basis (Payments & Returns)

@ Shiraz Ahmed.,

First of Composition dealer is Registered dealer.. He is received supplies from Urd & Sec 9(3) then he ll be pay tax under RCM...

In case the CD purchased from RD with tax. After CD sell his goods Purchase Value + Margin. SO, The goods are inbuild tax from the first stage. SO, Tax is received the Govt based on the goods...

1. No need RCM...

2. Can't make Transactions A CD to CD