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Composition dealer purchases from unregistered person

Ram Sharma (75 Points)

30 November 2018

Is reverse tax applicable?

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2 Replies

pritesh (CA Final student) (7101 Points)
Replied 30 November 2018

no its has been suspended till 30th September 2019.

Shivam RC (Student) (23683 Points)
Replied 30 November 2018

No....

SECTION 9(4) of the CGST Act 2017, " RCM on PURCHASE FROM UNREGISTERED DEALER" has been suspended till 30.09.2019

However, the Provision of SECTION 9(3) of the CGST Act 2017 i.e. " RCM on NOTIFIED CASES " is in full force and applicable for Section 10 dealers as well.

Regards.

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