RCM on iron scrap goods

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no
124 Points Posted on 09 March 2020
My one of Clint purchases goods from unregistered person (scrap material) whether RCM applicable or not?
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On 09 March 2020 at 10:01 Report
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Quick Summary
This discussion clarifies whether the Reverse Charge Mechanism (RCM) applies when purchasing scrap materials from unregistered persons. The general consensus is that RCM is not applicable for inward supplies from unregistered dealers (URD), with a specific exception noted for promoters or developers.

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"Do the Right Thing...!!!"
128157 Points Posted on 09 March 2020
No... Rcm not applicable.
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On 09 March 2020 at 11:02
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GST Practitioner
55067 Points Posted on 09 March 2020
No there is no RCM on inward supply from URD.

Except for Promotors/Developer
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On 09 March 2020 at 23:47

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