Reverse charge on service
This query is : Open
22 December 2017
I AM COMPOSITION DEALER. I AM PAYING RENT OF RS7000 PM.WHETHER I NEED TO PAY GST ON REVERSE CHARGE IF I DONT SHOW THIS RENT EXPENSES IN PROFIT/LOSS ACCOUNT AND TOOK IT IN CAPITAL ACCOUNT?
22 December 2017
RCM on the supplies from unregistered dealers is suspended from 13/10/2017. So you need not to pay GST on RCM.
28 December 2017
reverse charge is suspended on goods not service.your assumption is wrong.
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