banner_ad

RCM APPLICABLE ?

RCM 291 views 5 replies
User Avatar

student
67 Points Posted on 08 June 2020

Is RCM applicable on unregistered purchases for all items or only certain items ?

Reply Share Follow
On 08 June 2020 at 17:18 Report
Replies (5)
User Avatar

157 Points Posted on 08 June 2020
RCM Applicable on PROMOTERS Services only
1 Reply
On 08 June 2020 at 17:26
User Avatar

Nagpur
11 Points Posted on 08 June 2020
For cement purchase and capital good it is applicable
however for other expenses it need to be 80% of total expenses for other registered person
eg. if 65% purchase is from reg. person then only on 15% expenses RCM will be applicable
Reply
On 08 June 2020 at 17:38
User Avatar

157 Points Posted on 08 June 2020
Conclusion Is that, there in no any RCM Applicable on URD Purchases
1 Reply
On 08 June 2020 at 18:08
User Avatar

GST Practitioner
55067 Points Posted on 09 June 2020
No RCM Applicable....
If the Purchaser is Developer/Promotor , then yes any inward supply from URD the RCM is applicable .
(Refer Noti 7/2029 CT (R))
301 Reply
On 09 June 2020 at 00:14
User Avatar

4215 Points Posted on 09 June 2020
RCM due will be generated in hand's of registered dealer time to time on the unregistered purchase of goods or services
12 Reply
On 09 June 2020 at 08:57


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details