purchase of raw material from unregistered people
1. do I need to pay tax on the above purchase.?
2. if yes, can it be settled from ITC available.
Menu
Reverce Charge Machanism
Replies (3)
1. You need not pay tax
2.No you cannot
No, '
'purchase from Unregistered' , the RCM has been deferred to 30/6/18, so no need pay tax
'purchase from Unregistered' , the RCM has been deferred to 30/6/18, so no need pay tax
Recent Threads
- ITR-2 Payment Made but Status Not Updated
- Need help for ITR filing
- ITR Updated returns. Time limit for filing
- ITR 2 Processed and Refund Credited to Bank
- Freelancer or Salaried
- LTCG Tax & Indexation on Debt Mutual Funds Sol
- Section 45(5A) and 194IC with carry forward of tds
- Paid tax amount, CIN generated and challan downloa
- INTRADAY INCOME PRESUMPTIVE INCOME
- Clarification on Deemed Export Status for EOU-to-E
Related Threads
CAclubindia
