RCM in composition scheme.
Sohan Singh Dhakad (1 Points)
26 July 2017
is RCM applicable for composition scheme and is what is the liability on dealer
2 Replies
RAJA P M
("Do the Right Thing...!!!")
(128111 Points)
Replied 26 July 2017
RCM applicable to Composition Dealers...
Liability - What is the items rate that is the liabilities....
Liability - What is the items rate that is the liabilities....
ANKIT RISHI
(109 Points)
Replied 26 July 2017
It’s important to note that, a taxable person who is eligible for payment of tax under composition scheme under section 10 of CGST/SGST Act, is also under obligation to pay tax under normal rates in respect of supply of goods/service received by him from unregistered persons, failing which benefit of composition scheme would not be applicable to him.
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