We have been purchase scrap and waste cloth from unregister person but not purchase from state government and Central Government and local authority but will come RCM for this transaction
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Quick Summary
This discussion clarifies the applicability of Reverse Charge Mechanism (RCM) on purchases of scrap and waste cloth from unregistered individuals. While RCM is generally applicable when buying from unregistered suppliers, the consensus here is that it may not always be necessary for these specific transactions, even if you are a registered entity. Further clarification is needed based on specific circumstances.