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Rcm on purchase
My all items purchase is nil & agriculture produce but our packing materail ist taxable then we nedd to pay under rcm on purchase of agriculture food products.
Replies (6)
But my sale is taxble because our packing in registered branded
Yes. If you received from Unregistered dealer then you can pay tax under RCM....
After you can adjust it to your liabilities....
U are exempted only if u are making exclusive supply of agricultural products from ur cultivation land. Unpacked n non branded grains attracts 5Duty and branded ands packed ones12.Check under
Which category u belong to. With respect to RCM, it its applicable only if u are procuring from an unregistered supplier
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