Is RCM applicable on Purchase from Unregulated person???

Pls confirm if the same is applicable.
Replies (4)
Quick Summary
This discussion clarifies the applicability of the Reverse Charge Mechanism (RCM) when making purchases from unregistered individuals or entities. It confirms that RCM is indeed applicable if the total purchase value from an unregistered person exceeds £5,000 in a single day, requiring the buyer to account for the tax.

Yes RCM is
Unregulated in what context here?
If more than Rs.5000 / - is purchased from unregistered person in one day, we have to submit tax in RCM.
RCM is applicable

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details