whether composite dealer liable to pay tax under RCM?
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Quick Summary
This discussion clarifies whether composite dealers are liable to pay tax under the GST Reverse Charge Mechanism (RCM). It confirms that composite dealers are indeed liable for services covered under Section 9(3) of the GST Act, such as those provided by GTA or advocates. The applicable GST rate for these services will be the standard rate for regular dealers, not the specific rate for composite dealers.
Under GST composite dealer also liable to pay tax under RCM. The rate GST are the rate applicable to the Regular dealer registered under GST, ie. not the specific rate applicable to Composite dealer.
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