RCM on URD purchase is to be taxed under RCM

Purchase from URD is to be taxed under RCM or not
Replies (4)
Quick Summary
This discussion clarifies that not all purchases from Unregistered Dealers (URD) are subject to the Reverse Charge Mechanism (RCM). RCM is only applicable to specific goods and services notified by the government. Examples given include cashew nuts, electrical materials, and plumbing fittings, which are taxable under RCM. However, generally, RCM does not apply to URD purchases unless it's related to the real estate business involving a promoter.

Not all Urd Purchase are taxable under RCM. But there are some Products say Cashew Purchase From URD is Taxable under RCM
RCM applicable applicable only on Goods or services notifyed by the GOVT .
Electric material and fittings of Plumber material is taxable under RCM
No RCM on purchases from URD except promoter (real estate) business

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details