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RCM on URD purchase is to be taxed under RCM

Santosh Mahakud (Accountant) (25 Points)

20 October 2021  
Purchase from URD is to be taxed under RCM or not

 3 Replies

maruti prabhu (29 Points)
Replied 20 October 2021

Not all Urd Purchase are taxable under RCM. But there are some Products say Cashew Purchase From URD is Taxable under RCM

prasad Nilugal (Sr . Accountant and GST Practitioner . )   (7054 Points)
Replied 20 October 2021

RCM applicable applicable only on Goods or services notifyed by the GOVT .

Santosh Mahakud (Accountant) (25 Points)
Replied 20 October 2021

Electric material and fittings of Plumber material is taxable under RCM

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