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Gst query
incase of a trader whose turnover is below 20 lacs and is liable to get registered on making payment on RCM, whether he is liable to make payment on whole turnover or only on RCM amount
Replies (2)
if d trader gets registered he will need to charge GST on his sales too
he have to pay gst on rcm amount- for which he can claim ITC
& on whole turnover he have to charge gst . can adjust itc before paying it to govt.
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