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?
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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.
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