My client is a composition dealer and he is taking business support services from an unregistered person. Is he liable to pay RCM on this service he is taking from unregistered person?
TIA
Menu
RCM in case of Composition dealer
Replies (4)
Quick Summary
Yes RCM is applicable
Rcm applicable
According my rcm not applicable on urd delear.
A Composition Dealer has to pay tax under Reverse Charge Mechanism ('RCM') wherever applicable. ... This means that rate under composition scheme should not be used for reverse charge purposes.
Recent Topics :
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
Related Topics :
CAclubindia
