RCM charges on purchase

If a composition dealer purchases from unregistered person is he liable to pay tax on reverse charge basis , and is there any notification regarding this ?.Please members kindly guide on this issue.
Replies (3)
Quick Summary
This discussion clarifies whether a composition dealer is liable to pay tax on a reverse charge basis when purchasing from an unregistered person. It's confirmed that Section 9(4) of the GST law, which deals with RCM on inward supplies from unregistered persons, primarily applies to promoters and developers in the construction business, not traders. Relevant notifications like 7/2019 and 24/2019 (CT rate) are referenced for further details.

No ..... the section 9(4) , the RCM on Inward Supply from URD is applicable only on Promotor/developer. (Refer Notification 7/2019, 24/2019 both are of CT rate
Does trader comes under promotor /developer ?
No... Traders can't come under promotor / developers...

Promotors / developers is who are in the field of Construction Business persons / company.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details