Machinery purchase urd

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Business
190 Points Posted on 16 April 2020
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
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On 16 April 2020 at 07:24 Report
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This discussion clarifies whether a composite dealer needs to pay GST on purchasing a second-hand RO plant machine from an unregistered person. Experts confirm that Reverse Charge Mechanism (RCM) is not applicable in this scenario, meaning no GST is payable by the dealer on such inward supplies.

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"Do the Right Thing...!!!"
128157 Points Posted on 16 April 2020
No...
Rcm not applicable for purchase from URD.
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On 16 April 2020 at 07:32
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Jr. Account & Finance Manager
213 Points Posted on 16 April 2020
RCM not applicable, if purchase from unregistered person
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On 16 April 2020 at 08:54
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Business
190 Points Posted on 16 April 2020
Thanks a lot sir.
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On 16 April 2020 at 09:52
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CA | GST | Refunds | Advisory | Litigati
1463 Points Posted on 18 April 2020
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
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On 18 April 2020 at 01:19

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