Non taxable

298 views
User Avatar

27 Points Posted on 22 July 2023
can I need to pay tax under RCM for the supply of exempted goods
0 Reply Share Follow
On 22 July 2023 at 18:46 Report
Replies (3)
Quick Summary
This discussion clarifies that the Reverse Charge Mechanism (RCM) under GST does not apply to exempted goods. Since exempted items are not chargeable for tax, RCM is therefore not applicable in such cases.

User Avatar

"Do the Right Thing...!!!"
128157 Points Posted on 22 July 2023
What...???

Really You asked for Exempted Goods...???
Reply
On 22 July 2023 at 19:34
User Avatar

27 Points Posted on 23 July 2023
Yes sir
Reply
On 23 July 2023 at 05:34
User Avatar

"Do the Right Thing...!!!"
128157 Points Posted on 23 July 2023
GST Exempted item not chargeable for TAX. So, also RCM not applicable
Reply
On 23 July 2023 at 11:28

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Foreign remittance
  2. Affordable Residential Flats in Gurgaon
  3. Manufacturing
  4. TAN REGISTRATION ON E-FILLING SITE
  5. Form 10-IEA – Continuing Old Regime
  6. Income tax act 2026
  7. Belated Return where Form 10IEA filed this year to
  8. GST Reconciliation Tool (2A vs Books) - looking fo
  9. TDS ON PF FORM 19 WITHDRAWAL
  10. Can a virtual office in Mumbai be used for company

More recent discussions | Post

Related Topics :

Loading