Reverse charge

RCM 167 views 2 replies

does purchase from farmer by a krishi mandi dealer falls under purview of RCM in GST regime 

 

Replies (2)

It seems that its an agricultural product. Please check the CGST and IGST Rate circular for exempted goods, and, if your item is exempted then nothing is taxable.

its agricultural product which is taxable, oil seeds falling under chapter 12 are all taxble at 5%


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