Venkatesh K N (student) (178 Points)
14 March 2018
RAMESH KUMAR SINGLA
(PROFESSIONAL)
(1777 Points)
Replied 14 March 2018
If you have procured your taxable supplies from URD, you are required to pay GST under reverse charge mechanism and take credit of the same.
Mukesh Kumar
(Accounts Manager)
(1466 Points)
Replied 14 March 2018
BUT NOTE: RCM ON URD INWARD HOLD UP TO 30.6.18
Aashish Sachdeva
(839 Points)
Replied 15 March 2018
RAMESH KUMAR SINGLA
(PROFESSIONAL)
(1777 Points)
Replied 16 March 2018
Since RCM in respect of purchases made from URD has been deferred, you need not pay the GST and accordingly, no ITC.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
