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