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All QuestionsCategory: GST ConsultancyRCM Is not applicable on Unregistered Purchase?
Profile photo of Shabbir MotiwalaShabbir Motiwala asked 1 year ago

RCM Is not applicable on Unregistered Purchase?

Respected Sir / Madam
I am composition Tax payer doing business of scrap
i am purchasing scrap from unregistered dealers is RCM Payable By me Or RCM Is not applicable on Unregistered Purchase

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1 Answers

Dear Sir/Madam
RCM is not applicable on purchase from composition dealer under GST . No ITC is available for the paid under RCM for composition dealers. The rate under composition scheme should not be used for RCM purpose.

Profile photo of Shabbir MotiwalaShabbir Motiwala replied 1 year ago

Respected Sir
I am registered as COMPOSITION dealer and purchasing SCRAP from UNREGISTERED in this case RCM Is applicable ??
Big Confusion

Please Share Your Whatsapp Contact detail i have to know advance rulling and your fees

Profile photo of Advocate VIJAY KUMAR PANDEYAdvocate VIJAY KUMAR PANDEY replied 1 year ago

My whatsapp no is 9935552965.