Menu
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
Recent Threads
- Returning the shares gifted by daughter?
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
Related Threads
CAclubindia
