RCM APPLICABLE ON UNREGISTERED PURCHASE

RCM u/s 9(4) will now be applicable only for specified class of registered persons in respect of supply of specified categories of goods or services, which is yet to be notified.

rather than a blanket levy of tax on procurement from unregistered dealers under reverse charge mechanism, under cgst Amendment Act 2018 which is effective from this year 1st February where tax levied only on procurement by notified accessories but it remains to be seen that class of SSC is will be notified for this purpose which is not declared yet