banner_ad

reverse charge on tax free

RCM 165 views 3 replies
User Avatar

3 Points Posted on 22 May 2018
Cattle feed unit, all sale tax free, but i purchase taxable items, do I have to reverse charge
Reply Share Follow
On 22 May 2018 at 09:16 Report
Replies (3)
User Avatar

Chartered Accountant
4524 Points Posted on 22 May 2018
If you have purchased from unregistered person, then RCM is applicable on such transaction even your output supply is taxfree. But don't worry, RCM on purchase from unregistered person is suspended till 30th june 2018.
25 Reply
On 22 May 2018 at 09:36
User Avatar

3 Points Posted on 22 May 2018
Oh sorry sir, I had to ask about his freight
Reply
On 22 May 2018 at 09:54
User Avatar

Chartered Accountant
4524 Points Posted on 22 May 2018
Yes, RCM applicable on freight and you will have to pay it.
25 Reply
On 22 May 2018 at 10:14


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details