Supplies are procured from inter state from urd

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2017 Dear experts,
What will be the impact if supplies are procured from inter state from Unregistered person. Whether we a receipent would be liable for GST under RCM ? & What type of GST will be applicable ?
Urgently please.

CA Saloni

CA Saloni (Expert)
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05 August 2017 in first place, the seller selling inter state goods, has to take compulsary registration.
If he is not regd, RCM is applicable on registered receiver.IGST will be booked.

Message likes : 1 times

Studentsca

Studentsca (Expert)
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05 August 2017 Interstate transaction cannot take place unless the seller is registered.

IGST will be levied on the value of supply.

Question of RCM does not arise.

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