Shabbir Motiwala asked 4 years ago
Is RCM applicable if Composition dealer purchased scrap from unregistered dealer
Respected Sir
I am registered as a composition dealer in GST From 01-04-2018, I am purchasing SCRAP from unregistered dealers, in this case, I have to pay RCM?
Is RCM applicable to those Transactions?
Please guide
CMA Deepa N. Tanna answered 4 years ago
RCM under GST will not attract on the purchases from unregistered person.This type of transaction is covered u/s 9(4) which has been omitted and applicable on notified list of transactions only.
Shabbir Motiwala
replied 4 years ago THANKS FOR HELP
MADAM SOME CONSULTATION FROM RAJKOT SAYING THAT THE TRANSACTION IS COVERED UNDER SECTION 9(3) OF CGST AND RCM IS PAYABLE BY COMPOSITION TAX PAYER IF BUYING FROM UN REGISTERED
PLEASE GUIDE
IF ANY CHARGES FOR THIS PLEASE TELL ME
CONTACT NUMBER 8460042700
MAIL ID
shabbir9723@gmail.com
Shabbir Motiwala
replied 4 years ago Madam
SCRAP USED VEHICLES AND WASTE SCRAP is notified goods ????? thats why RCM Is applicable to me ?
Shabbir Motiwala
replied 4 years ago Madam
SCRAP USED VEHICLES AND WASTE SCRAP is notified goods ????? thats why RCM Is applicable to me ?
