rcm how calculated
Pandurang Pachpind (66 Points)
09 August 2017
suppose Rs 50000 purchased good from urd person on Rs 50000 or in Rs 50000?
2 Replies
Revanth
(Kumar)
(258 Points)
Replied 09 August 2017
Rate applicable for that goods.. Suppose if you purchase weighing machine from unregister dealer.. Applicable rate is 28%..Then 50000*28%
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 09 August 2017
yes calculate tax on purchase amount at respective rates of the goods purchased.
Recent Topics
- How To Hire A Legitimate Funds Recovery Company
- 26qb- tds on property , intt and penalty
- GST Appeal with Tribunal
- TDS for Non Profit
- Report in GSTR 1- Export invoice
- Close Shipping Bill Without Payment (Due to Damage
- TDS on GST on Metal Scrap
- TDS vs TCS who eligible to deduct tds
- E-way Bill Limit In Maharashtra
- Requirement of filing of form MSME-1
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
