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RCM ON COMPOSITION SCHEME
Wheather Reverse charge mechanism is applicable when person under Composition Scheme purchase goods from unregistered dealer ????
Replies (3)
Yes
pls. note that there is some relax by GST council. You can purchase goods of ₹5000/- per day without paying RCM.
Whether this is for all goods and service or for only goods specified in reverse charge mechanism
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