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PURCHASE FROM COMPOSITION DEALER THAN PAY GST UNDER RCM
if regular taxpayers purchase from composition taxpayer taxable goods than regular taxpayer required to pay gst under RCM further supplies
Replies (2)
RCM is applicable.. Instead of collecting and paying GST , you must pay and avail ITC
Composition dealer may purchase from Urp on RCM basic,then supply to registered dealer as bill of supply along with his purchase invoice.
The registered deler may claim ITC by the shipment of composition dealer.
so registered deler not issued an invoice against this inward supply.
The registered deler may claim ITC by the shipment of composition dealer.
so registered deler not issued an invoice against this inward supply.
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