If i purchase the goods from unregistered vendor for trading in goods which are not notified in 9(3) for RCM do i still need to pay tax under RCM as he is unregistered or i can directly sell it and pay the whole tax collected.
Yes goods which are mentioned in Notification 4/2017 , 43/2017 (both CT (r)) are covered under Section 9(3) of CGST Act & RCM is Applicable.
So if you are Recepeint for following goods the RCM is applicable :
Cashew Nuts, Bidi wrappers, Tobacco leaves From Agriculturist & Silk Yarn from any person who manufacture silk yarn from Raw Silk. (Refer Notification 4/2017 CT (r)
Raw Cotton From Agriculturist (Refer Notification 43/2017 CT (R) .
other then above any inward supply from URD is treated as Exempted supply hence No RCM Applicable, Yes as per Notification 7/2019 CT (R) if Receptient is Promotor/developer, any supply from URD the RCM is applicable , subject to conditions prescribed therein.
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