purchase from URD

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Accountant
5 Points Posted on 09 July 2017
if composition dealer purchase from URD....
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On 09 July 2017 at 21:32 Report
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12 Points Posted on 09 July 2017
then he has to deposit tax on reverse charge basis
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On 09 July 2017 at 21:52
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Accountant
1037 Points Posted on 09 July 2017
Then the buyer has to deposit tax under reverse charge mechanism which would be added to his cost of goods. No ITC can be claimed for it.
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On 09 July 2017 at 22:32

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