CONSULTEASE.COM

Sign In

Browse By

All QuestionsCategory: GST ConsultancyRCM Is not applicable on Unregistered Purchase?
Profile photo of Shabbir MotiwalaShabbir Motiwala asked 2 weeks 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

Answer the question
1 Answers
Profile photo of Advocate VIJAY KUMAR PANDEYAdvocate VIJAY KUMAR PANDEY answered 7 days ago

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 6 days 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 6 days ago

My whatsapp no is 9935552965.