Reverse Charge

RCM 311 views 10 replies
Is RCM on Unregistered purchase in force??
Replies (10)
REVERSE CHARGE MECHANISM:
In case of receipt of supply of goods or service or both by a registered person from unregistered supplier , IGST/CGST will be payable by the recipient, in respect of specified categories of goods and services as may be notified by the government on recommendation of GST council and all provisions of CGST AND IGST ACT shall apply to such recipient as if he is the person liable for paying the tax in relation to such supply of goods and aervice-Sec 9(4).
No..... it's applicable on only Promoter/Developer in term of notification 7/2019 CT (R)
Pankaj who told you.
Sabyasachi , nobody told me ... I refer the above said notification , notified by CBIC .
@ Sabyasachi Its applicable with subject to condition provided therein , Hence have to read the said Notification
So kindly refer the above said Notification.
RCM for purchase and from Unregistered Dealer s had been deferred upto 30.09.2019. Section 9(4).
Pls refer above said Notification & update yourself
Pankaj
as per Sec 23 of Cgst actcfollowing persons are not required to register under gst .
a) person engaged exclusively in supplying goods or services which are not liable to tax or are wholly exempted b) agriculturust.
as per notification no.5/2017- cit date 19.6.2017 person who is making supplies where recipient is liable to tax under reverse charge is not required to register.
"Pankaj as per Sec 23 of Cgst actcfollowing persons are not required to register under gst . a) person engaged exclusively in supplying goods or services which are not liable to tax or are wholly exempted b) agriculturust. as per notification no.5/2017- cit date 19.6.2017 person who is making supplies where recipient is liable to tax under reverse charge is not required to register." WHAT DOES IT MEAN...... I KNEW THAT ..... Read more at: https://www.caclubindia.com/forum/reverse-charge-528474.asp


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