I am a Taxpayer and run a Sole Proprietorship. While I try to do as many online transactions as possible under B2B by giving my GST number, I understand several transactions happen there the supplier does not charge GST. Typical examples in my case are software that I buy from online portals from outside India (for personal use and not for business), some local restaurants where I pay by card, but they do not charge GST, etc. The Question is should I pay reverse RCM GST for every single transaction? I do this for major transactions where I use the purchase for business.
CAclubindia
