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Reverse charge

RCM 830 views 18 replies
Dear Mohit Reverse charge daily limit for registered to purchase from unregistered is rs 5000 from one or more than one
Dear Mohit TDS is to be deducted by govt departments or notified by council if value of contract excced 2.5 lakh

yes it is applicable, it is a notwithstanding provision so even if a person opts composition scheme he needs to pay under reverse charge for supplies received from unregistered dealer

 

yes it is applicable, it is a notwithstanding provision so even if a person opts composition scheme he needs to pay under reverse charge for supplies received from unregistered dealer

 


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