1. RCM PAYMENT ON URP PURCHASE FOR GST RETURN
This query is : Open
02 February 2024
Hello Sir,
I am a GST Registered Trader of Fly Ash. We Purchase our Raw from UNregistered small URP vendors and sell that to the registered persons.
My question is whether I have to pay Tax on reverse Charge Although I am paying total tax on outward supplies.
According to the provision only notified goods or services are mandatory to show purchase under reverse charge under section 9(3) and 9(4) and buying fly ash from an unregistered person is not listed there.
How to deal with URP purchase for Invoice making , E - way Bill generation, accounting and GST Return. Kindly suggest me in this regards.
Thanking you,
I am a GST Registered Trader of Fly Ash. We Purchase our Raw from UNregistered small URP vendors and sell that to the registered persons.
My question is whether I have to pay Tax on reverse Charge Although I am paying total tax on outward supplies.
According to the provision only notified goods or services are mandatory to show purchase under reverse charge under section 9(3) and 9(4) and buying fly ash from an unregistered person is not listed there.
How to deal with URP purchase for Invoice making , E - way Bill generation, accounting and GST Return. Kindly suggest me in this regards.
Thanking you,
02 February 2024
No need any of that GST activities for the purchase from URD if the said goods not listed under RCM.
13 February 2024
Thanks Sir,
URP purchase Invoice to be made by Self (own) invoice or through URP. How to generate E - way Bill of URP Purchase and accounting entries under. Kindly suggest me in this regards in details.
Thanking you,
URP purchase Invoice to be made by Self (own) invoice or through URP. How to generate E - way Bill of URP Purchase and accounting entries under. Kindly suggest me in this regards in details.
Thanking you,
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