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?
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Notified goods
Replies (3)
Purchase from URD is not applicable till 30.09.2019.
refer Notification 4/2017 CGST (rate) for notified goods
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 .
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 .
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