if we buy tea from road side stall and show expenses in our firm. should I need to pay gst on tea
As Per Section 9 (4) In Respect of The Supply Of Taxable Goods or Services or Both by a Supplier Who is Not a Registered Person , to a Registered Person shall be Paid By Such Person on Reverse Charge Basis.
so in the light of above provision u are liable to pay GST , if u buy a tea from roadside and show them as expense in ur firm
as per my knowledge Yes
if u get services from unregistered person , and u r a registered person
sir please don't misjudge the act
if u are liable to pay tax as RCM , act also empower u to take input tax credit of the tax which is paid by u as rcm
means in this case u FIRST pay the tax and after that take credit of the same amount
NO NO NO...............................
Please try to understand the matter.
Reverse charge is not applicable on expenses.
If you are a Manufacturer, Whole Seller or Distributer whatever of TEA and in that case you will purchase TEA from unresitered dealer then you have make the payment of reverse charge.
In sort to say TEA must be your ITEM in your business.
sir with due respect please read section 9(4)
"The State tax in respect of the supply of taxable goods
or services or both by a supplier, who is not registered, to a
registered person shall be paid by such person on reverse charge
basis as the recipient and all the provisions of this Act shall apply
to such recipient as if he is the person liable for paying the tax in
relation to the supply of such goods or services or both."
section 9(4) appied on both goods and services.....
Sir, Can Goods Sold Returned by Un- Registered Retailer to Dealer, Come under Credit Note (CGST Sec(34) (1)) or Will It be a RCM Invoice for Dealer and he has to pay GST for it.
Sir,
Expenses incurred on May month im going to make Payment on July i have to pay Reverse charge mechanism on this??
or any Basis is there for this like Service tax before/after 14 days of Invoice,
dear sir
i am exporter export to outside india i paid to gst please suggest me
Dear Sir,
On which expenses RCM is NOT there?
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