Will RCM Be attracted if a person busy Second Hand Truck (Petrol Tanker) from a unregistered (or composition Dealer) transporter.
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RCM for URD Purchase of second Hand Assets
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You generally do not need to pay GST under the Reverse Charge Mechanism when purchasing second-hand assets (like a used truck) from an unregistered private dealer, as these transactions are not currently notified under the RCM provisions of the GST Act.
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