Pranoti Shah
(CA Job)
(61 Points)
Replied 16 June 2017
RCM is applicable on purchase from unregistered dealer.
If you are registered under GST, then, you will have to charge GST on your sale invoice irrespective of customer.
vivek
(A/cs)
(48 Points)
Replied 22 June 2017
Thank you, please clarify we claim on input tax in gst
Pranoti Shah
(CA Job)
(61 Points)
Replied 22 June 2017
Yes, input tax credit is available under GST. IGST can be setoff against I,S,CGST.
Ikramuddin Saifi
(Senior Accountant)
(155 Points)
Replied 21 April 2022
Whats the latest update about above query??
CA. Heet Shah
(Tax Consultant & Practitioner)
(6174 Points)
Replied 22 April 2022
RCM is not applicable on purchase from URD
CA. Heet Shah
(Tax Consultant & Practitioner)
(6174 Points)
Replied 22 April 2022
However in case of cashew nuts purchased from agriculturist (not regd) is liable to tax under RCM
CA. Heet Shah
(Tax Consultant & Practitioner)
(6174 Points)
Replied 22 April 2022
| Originally posted by : Heet Shah | ||
 |
However in case of cashew nuts purchased from agriculturist (not regd) is liable to tax under RCM |  |
The registered person procuring cashew nuts from agriculturist would be liable to pay tax
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