A composition taxpayer trading of groundnuts and he purchase groundnuts fromafarmers.
Q. When he show his inward supplies in GSTR4, he need to pay RCM on his purchase?
Please clarify
1 Replies
sabyasachi mukherjee
(27746 Points)
Replied 06 June 2023
Rcm is not applicable on farmland/ground nut.
Recent Topics
- RCM Taxable Value Wrongly Shown in March 25 GSTR -
- Tax Treatment of Consideration Received Under Irre
- ITC on Car loan processing charges
- Documentation to Substantiate Foreign Travel as Bu
- Deficiency Letter
- DRC 01 along with SCN not received
- GSTR 7 amendment
- Change Reason For Challan in already paid chalan
- The Future of Tax Filing: How Automation and AI Ar
- Andromeda Aagents income
Related Threads
CAclubindia
