Menu
Machinery purchase urd
if a composite dealer purchases a second hand ro plant machine worth RS 20,000 from an unregistered person , is he liable to pay GSt on it ? or rcm ? kindly help me on it experts
Replies (4)
Quick Summary
No...
Rcm not applicable for purchase from URD.
Rcm not applicable for purchase from URD.
RCM not applicable, if purchase from unregistered person
Thanks a lot sir.
No, GST is not payable on RCM u/s 9(4) of the CGST act 2017 for now when inward supplies are made from URD.
Further clarification contact - CA SACHIN M JAIN | 8097515447 | casachinmjain @ gmail.com
Further clarification contact - CA SACHIN M JAIN | 8097515447 | casachinmjain @ gmail.com
Recent Topics :
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
- Does Parag gupta's booster batch good for CA Inter
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
Related Topics :
CAclubindia
