Menu
RCM liability
when we purchase unregistered delar, is RCM liability liable.
Replies (2)
Yes, If you purchase goods or services of value more than 5000 rupees from an unregistered dealer, you have to pay the tax under RCM and issue invoice to the unregistered dealer.
how to get input tax credits of rcm
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
