Rcm
This query is : Resolved
31 October 2017
Dear Experts,
If we are purchasing small small things like, stationery, spares, water bottle, food and house keeping items from various vendors for less value say Rs. 100 to Rs. 500/-, is it liable for RCM?
If it is liable for RCM, shall we accumulate all and show as single transaction in GSTR 1 and 2 in RCM?
If we paid RCM on the above shall we take ITC on that?
Mostly for this kind of small bills are un registered or memo bills,
How can we show name of seller in GSTR 2, what will be HSN code.
If we are purchasing small small things like, stationery, spares, water bottle, food and house keeping items from various vendors for less value say Rs. 100 to Rs. 500/-, is it liable for RCM?
If it is liable for RCM, shall we accumulate all and show as single transaction in GSTR 1 and 2 in RCM?
If we paid RCM on the above shall we take ITC on that?
Mostly for this kind of small bills are un registered or memo bills,
How can we show name of seller in GSTR 2, what will be HSN code.
31 October 2017
Supplies from unregistered is exempted from RCM till 31st Mar 2018.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- TDR receipts for agreement holder
- Inventory of finished goods
- Confusion around Form 26QB fields
- Company Incorporation - CA and directors signing from different states
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Vivad se vishwas scheme 2024 new
- RCM on Advocate services by unregistered perosn
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
