HOW TO SHOW URD PURCHASE OF DRY RED DRY CHILLI IN GSTR 3B. PLEASE EXPLAIN SIR FOR EXAMPLE
URD PURCHASE
TAXABLE AMOUNT 10,000
CGST 250
SGST 250
SALES OF RED DRY CHILLI
TAXABLE AMOUNT 10,000
IGST 500.
for this case how much amount of gst I have to pay sir.
RCM will not be applicable on purchase from URD.
Sec. 9(4) was amended by CGST Amendment Act, 2018. It specifies that RCM u/s 9(4) will be applicable to specified class of registered persons in respect of supply of specified categories of goods or services from an unregistered supplier.
This amendment was made effective from 01.02.2019 vide Notification No. 02/2019 – Central Tax, dt. 29.01.2019.
For real estate sector certain goods/services has been notified for RCM u/s 9(4) vide Notification No. 07/2019-Central Tax (Rate) ,dt. 29-03-2019
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