If we buy material from unregistered dealer or any dealer who is registered in composite scheme.
than we have to pay tax or purchase from such dealer.
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Replies (2)
on unregistered yes
on composition no
Purchase from unregistered dealer: You ll have to pay tax under RCM. (If it is more than Rs.5000)
Purchase from dealer under composition: You dont need to pay tax under RCM.
Purchase from dealer under composition: You dont need to pay tax under RCM.
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