Menu
Composition under RCM
if a registered person buys some goods from composite dealer such transaction comes under the purview of RCM.
Replies (1)
No, If regular register party purchase from composition party than RCM is not applicable
Assessee under composition scheme has to discharge the tax liability on his turnover on his own account, the also can not charge GST to seller.
Assessee under composition scheme has to discharge the tax liability on his turnover on his own account, the also can not charge GST to seller.
Recent Topic
- Money transction within Family
- ITR-2 salary breakup updation
- Application for ₹2 Crore Term Loan under Cre
- ITR-2 Schedule CG: Indexation cost ignored for lan
- INCOME TAX NOTICE 143(2) - FY 2024-2025
- Unable pay Self Assessment Tax - Netbanking and De
- Section 192 2(b) entry in IT return ITR 1
- Rent from redevelopment property
- How to find FMV of inherited gold after selling it
- Happy CA Day!!
Related Topics
CAclubindia
