Gst composition

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744 Points Posted on 27 March 2021
composition delar liable to pay rcm if the purchase from unregister delar
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On 27 March 2021 at 23:06 Report
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This discussion clarifies whether a GST composition dealer is liable to pay tax under the Reverse Charge Mechanism (RCM) when purchasing from an unregistered dealer. Generally, purchases from unregistered dealers are not subject to RCM since October 2018, with specific exceptions. The relevant section is 9(3), not 9(4), provided certain conditions are met.

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Chartered Accountant
24588 Points Posted on 27 March 2021
Yes a composition dealer can pay tax under RCM basis
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On 27 March 2021 at 23:18
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Partner
1072 Points Posted on 28 March 2021

purchase from unregister dealer is not liable under  RCM since Oct 2018 barring few exceptions.

 

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On 28 March 2021 at 19:30
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Tax & Finance Consultant
10533 Points Posted on 29 March 2021
9(3) will applicable not 9(4) when you satisfied all the conditions.
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On 29 March 2021 at 00:34

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