RCM on URD Purchase is start

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artical tranee
277 Points Posted on 08 January 2022
on urd purchase require to pay rcm
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On 08 January 2022 at 17:08 Report
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Quick Summary
This discussion clarifies the application of the Reverse Charge Mechanism (RCM) for Unregistered Dealer (URD) purchases. Generally, RCM is applicable unless specific expenditures like advocate fees or payments to Goods Transport Agencies (GTA) are involved, provided these are notified. The exception noted is for promoters in the real estate sector.

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Accountant
175 Points Posted on 08 January 2022
No unless there are some specified expenditures like advocate fees, payment to GTA etc
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On 08 January 2022 at 18:19
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artical tranee
277 Points Posted on 09 January 2022
Means specified goods and specify person not yet notify
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On 09 January 2022 at 09:54
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Chief Accountant
3150 Points Posted on 29 January 2022
No, RCM in urd purchase
except promoter (real estate)
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On 29 January 2022 at 17:50

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