RCM applicable or not

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193 Points Posted on 21 March 2020
Sir I am a scrap merchant. I am registered in gst. If I purchasing scrap from URP OR URD. Rcm applicable or not please guide me. If applicable how can I generate purchase invoice.
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On 21 March 2020 at 19:40 Report
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Quick Summary
A scrap merchant registered for GST is seeking clarification on whether Reverse Charge Mechanism (RCM) applies when purchasing scrap from unregistered persons (URP) or unregistered dealers (URD). The discussion aims to provide guidance on its applicability and how to generate a purchase invoice if RCM is indeed applicable.

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"Do the Right Thing...!!!"
128162 Points Posted on 21 March 2020
Rcm applicable or not please guide me...??

- RCM not applicable...
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On 21 March 2020 at 20:04
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Chartered Accountant
12739 Points Posted on 21 March 2020

NOT APPLICABLE 

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On 21 March 2020 at 21:00
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8 Points Posted on 23 March 2020
Can you explain me why?
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On 23 March 2020 at 21:17

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