Become a Govt. Certified GST Practitioner in just 60 hrs. Register Now!

Notified goods

20 January 2019

is it true that reverse charge(rcm) is applicable for notified goods
purchased from unregisterd dealer from 1.02.2019?
if it is so which will come under category of notified goods?

Reply
Follow
Share

3 Replies

pritesh (CA Final student) (7101 Points)
Replied 20 January 2019

Purchase from URD is not applicable till 30.09.2019.

Upgrade to CAclubindia Pro. Subscribe Now!

Mohit lodhi (student) (952 Points)
Replied 20 January 2019

refer Notification 4/2017 CGST (rate) for notified goods

1 Like

Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 21 January 2019

No ... as of today any Imward supply from URD no RCM is applicable as being deferred to 30/09/2019 by Notification 22/2018 CT (r)

RCM on Goods plz refer Notification 4 & 43 both are of CT rate (Cover under 9(3))
Eg: Cashew nuts, bidi wrapper, tendu leave, silk yarn, raw cotton etc .

Note : In amendment act 2018 (31) , dt. 29.8.2018, goods & Services will be notify by council for inward supply from URD , but till date there is no Notification .