RCM from 1st October 2019 from purchase from URD

Is RCM to be paid for purchases made from URD from 01.10.19 ??


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Replies (7)

No...

RCM is not applicable on URD purchases..

 

As per Notification it was deffered only till 30.09.2019
As per Notification 7/2019 CT. (R)
RCM on inward supply .from URD is applicable only on Developer/Promotor subject to condition prescribed.
Here m talking about purchase from URD above 5000. Is RCM applicable from 01.10.19 ?
No................................................

NO .It is applicable for specified class of registered persons which will be notified  by  the government .However , the notification to  bring the  Act  into effect is yet to issued

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