I need clarification please.
Is RCM applicable on Exempted supply of goods and offer a cash DISCOUNT on payments.?
is there GST RCM applicable on Cash Discounts received?
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RCM on Exempt supply
Replies (4)
No rcm on exempt supply and on cash discount
Please send if any notification on it (savinagu.venku @ gmail.com) tq
No RCM is not applicable on both items
When the supplies are exempt it cannot be taxed neither under forward charge or RCM
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