a gst registered composite scheme dealer purchases of old gunnyies from URD persons.
question:
dealer RCM applicable for URD persons of old gunnyies in gst act.
Menu
Purchases from URD persons for old gunnies
Replies (3)
Quick Summary
RCM is not applicable
No Sir RCM will not be applicable for you...
The Provisions of RCM U/s 9(4) of the CGST Act 2017 has been amended vide the CGST Amendment Act 2018 w.e.f 01/02/2019. Now RCM on Purchase from URD is applicable only on notified "specified goods" procured by "specified. persons".
Old gunnyies is not a specified goods for the purpose of RCM on Purchase from URD.
The Provisions of RCM U/s 9(4) of the CGST Act 2017 has been amended vide the CGST Amendment Act 2018 w.e.f 01/02/2019. Now RCM on Purchase from URD is applicable only on notified "specified goods" procured by "specified. persons".
Old gunnyies is not a specified goods for the purpose of RCM on Purchase from URD.
No RCM Applicable
Recent Topics :
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
Related Topics :
CAclubindia
