I m composition dealer. I purchased from URD. My product nill rated.
Papad, chakali etc.
I liable to pay reverse charge?
If yes at what Rate?
Menu
composition scheme
Replies (7)
RCM is payable only for taxable goods purchase from URD.
how much rate for RCM from unregistered purchased if taxable
No fixed rate. rate will depend on item purchased. 5, 12,18 or 28
whatever is the taxable rate of item purchased that is payable under RCM.
Same will apply to both goods and services taken from URD. however supplies worth 5000 per day are exempted
thank sir
how to show GSTR 4 if I sale amount 125000 I required pay 1 %
how to show GSTR 4 if I sale amount 125000 I required pay 1 %
if nill rated product
Recent Topics :
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
Related Topics :
CAclubindia
