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Reverse Charge Mechanism

MANIVASAGAM (CEO) (62 Points)

29 November 2019  
What is the latest position of RCM. Earlier RCM on goods purchase from Unregistered dealer was kept pending till Sep 2019. Now what is the situation?

 2 Replies

im____shubham (2 Points)
Replied 29 November 2019

Goods purchased from urd is exempt. It was taxed as RCM only till 12th Oct 2019

RAJA P M ("Do the Right Thing...!!!")   (115460 Points)
Replied 29 November 2019

Yes... Rcm not applicable now except some notified supplies...

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