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.
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
CAclubindia
