RCM on Exempt supply
Venkatesh K N (student) (178 Points)
25 February 2021Is RCM applicable on Exempted supply of goods and offer a cash DISCOUNT on payments.?
is there GST RCM applicable on Cash Discounts received?
Venkatesh K N (student) (178 Points)
25 February 2021
Venkatesh K N
(student)
(178 Points)
Replied 25 February 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24578 Points)
Replied 25 February 2021
CA Altamush Zafar
(GST Consultant)
(15907 Points)
Replied 25 February 2021
When the supplies are exempt it cannot be taxed neither under forward charge or RCM
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