Reverse charges on URD Purchase

16 July 2021

What is applicable Reverse charges on URD Purchase?

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5 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24588 Points)
Replied 16 July 2021

What is the nature of purchase?

Yati Saxena (6 Points)
Replied 16 July 2021

Trading.

CMA Poornima Madhava (CMA) (13112 Points)
Replied 16 July 2021

RCM is applicable only on specified goods and services.

Sateesh Kumar (199 Points)
Replied 16 July 2021

RCM applicable when they are same businessun registered purchase RCM paid

CA Altamush Zafar (GST Consultant) (15986 Points)
Replied 16 July 2021

@ Yati Saxena.
No RCM in your case except trading is for specified goods.

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