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reverse charge
whether reverse charge is applicable to composition dealer for the quarter apr-june 2018.
Replies (3)
u/s 9(3) of the CGST Act = Yes
u/s 9(4) of the CGST Act = No (further suspended till 30.09.18)
Rule 5(1)(d) of the CGST Rules, specifies that a composition dealer shall pay tax under sub-section (3) or sub-section (4) of section 9 on inward supply of goods or services or both.
RCM is applicable to Composition Dealer , at the same he cannot Take the input for the RCM deposited by him
Yes, input of RCM paid cannot be taken.
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