Reverse charge mechanism

16 March 2021

I am a gst registered entity who purchased from an unregistered supplier some furniture. Am i liable for gst under reverse charge

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4 Replies

prasad Nilugal (3909 Points)
Replied 16 March 2021

No , Reverse Charge not applicable on purchase of furniture from Unregistered person .
please confirm with others also .

CA. Sourav Sarkar (Chartered Accountant ) (24573 Points)
Replied 16 March 2021

No you're not eligible for RCM

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CA Altamush Zafar (GST Consultant) (15544 Points)
Replied 16 March 2021

RCM is not applicable

sabyasachi mukherjee (21547 Points)
Replied 17 March 2021

REVERSE CHARGE APPLICABILITY
1.sec 9 (3) of cgst act and sgst act and section 5 (3) of igst act state that govt. can specify categories of supply of goods or services the tax is payable on reverse charge basis.
The tax thereon shall be Paisley by the recipient of goods and services.
In case of receipt of goods and services or both by a registered person from unregistered supplier .
igst and cgst will be payable by the recipient in respect of specified categories of goods and services.