1.shall we claim input when purchase from unregistered dealers.
2.Shall we claim input under Reverse charge mechanism
3.What effect of GST while making Advance payment
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Gst quary
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When you purchase from URD, you are liable to pay tax under RCM for which you can claim ITC.
If you make advance payment, your vendor will deposit GST on It. If vendor URD, you will have to deposit under RCM.
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