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Reverse Charge on Castor Seeds

RCM 1165 views 4 replies
if i am traders purchases castor seeds from farmer and selling to Other registered dealer,

Should i pay Reverse Charge on Value of purchase from farmer?

If yes, than Amount paid for Reverse charge will be refunded??
Replies (4)
yes..you have to pay gst on rcm basis which will be allowed as input tax credit to you...
Thank you...

I think on castor no need to pay reverse charge as castor is excluded in reverse charge.

Pls correct me if I am wrong.

Sir,

Can you recheck whether on castor reverse charge is applicable or not ?


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