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rcm applicable to purchase from composition dealer
regular dealer purchase from composite dealer now it comes under RCM pl clarify
Replies (3)
NO. Unless any supply specified under RCM as per sec, 9(3) of GST act.
NO...
Persons registered under Composition Scheme ( SECTION 10 of the CGST Act 2017 ) needs to pay tax out of their own pocket. No RCM applicable on purchase from Composition Scheme Dealers.
Warm Regards.
Persons registered under Composition Scheme ( SECTION 10 of the CGST Act 2017 ) needs to pay tax out of their own pocket. No RCM applicable on purchase from Composition Scheme Dealers.
Warm Regards.
No, If regular register party purchase from composition party than RCM is not applicable
Assessee under composition scheme has to discharge the tax liability on his turnover on his own account, they also can not charge GST to seller.
Assessee under composition scheme has to discharge the tax liability on his turnover on his own account, they also can not charge GST to seller.
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