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Gst undre rcm

RCM 75 views 5 replies

Tarun Kumar G

Accountant

59 Points Joined March 2014

Dear All,

I have two questions in GST under RCM request you to help me with it

1. If an unregistered dealer receives goods/services which is also subject to RCM what will be time GST implication?

2. If an registered detaler in who's good/services is under RCM and receives the goods/services which is also subject to RCM what will be time GST implication?

Thank you,

Regards,

Tarun Kumar G

Replies (5)

RAJA P M

"Do the Right Thing...!!!"

128111 Points Joined January 2015

As per my view.,

First of Which Goods and Services under RCM basis the said Goods and Services is basically exempted In the hands of Seller / Issuer. So, The said Supplies is not Taxable...

2. RCM not applicable. No need to pay GST Tax under basis. It's exempted In his hands.

1. As per latest Amendment* If said Supplies received by URD then it's exempted. No more tax liability...

Tarun Kumar G

Accountant

59 Points Joined March 2014

Sir, Thank you, can you share the relevant notification/section extract if possible.

Pankaj Rawat

GST Practitioner

55062 Points Joined June 2017

It's Notification 32/2017 CT (r)

Tarun Kumar G

Accountant

59 Points Joined March 2014

Thank you Pankau Rawat.

RAJA P M

"Do the Right Thing...!!!"

128111 Points Joined January 2015

Welcome Mr. Tarun Kumar G Ji.,

And small request please put before the name As Mr....
That's better to understand their professionalism...

GOOD LUCK...