Shabbir Motiwala asked 4 years 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
1 Answers
Advocate Advocate VIJAY KUMAR PANDEY answered 4 years 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.
Shabbir Motiwala
replied 4 years 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
Advocate VIJAY KUMAR PANDEY
replied 4 years ago My whatsapp no is 9935552965.
