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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)
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
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