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Rcm credit for composition trader.
Can a composition trader take the credit of reverse charge tax payment ?
Replies (4)
no he will not elgilble for any credit of gst piad on purchase of goods and service
If a person is registered in composition than is he liable to pay tax under rcm for purchase from unregistered person.
If yes can he get the credit of the same to pay his composition liability.
If yes can he get the credit of the same to pay his composition liability.
yes you are liable from for gst payment under RCM but you do not get any benefit of tax pqus
yes you are liable from for gst payment under RCM but you do not get any benefit of tax paid
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