Reverse Charge Basis

HIMANSHU GUPTA (Sr. Accounts Executive) (97 Points)

21 July 2017  

Dear all,

If a Dealer "X " is registered under Composition scheme and selling goods to " B Pvt Ltd." ( a co. Registered under normal scheme) of value above 5000.
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Do, we i.e. " B Pvt Ltd.". need to pay GST on Inward supply of goods from " Dealer X" under Reverse Charge Basis???
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Thanks in advance