A registered dealer received goods or Services from Unregistered dealer then he can pay Tax under RCM basis... Ex: Office / Factory Rent @ 18% - If 10000 we pay Tax 1800. Stationary @ 5%, 12%, 18%, Machine Repair / Service @ 18% Electrical Items @ 28%.....
please advise what to do if one is hiring tractors for transportation of goods locally. how to show rent paid if it is less than five thousand per day?
CAclubindia
