hello experts
one builder is making building project and purchase goods and service from register and non register so as per rcm rule 80% minimum purchase from register so if builder purchase from composition registerd person its also include in 80 % or it will be consider as non register and builder is liable to pay @ 18% at end of year
Composition dealers are registered under GST and hence GST at 18% is not required to be paid separately by treating it as procured from unregistered person.
Only procurements from unregistered persons should be considered for checking the cut-off of 20% procurements from unregistered persons.
CAclubindia
