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??
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Reverse Charge on Castor Seeds
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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