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Transaction with unregistered person


28 July 2017 If we as registered dealer taking inward supply of more than Rs 5000/- . Then i know registered person have to pay under reverse charge. But what if the same person(unregistered) is selling the products at MRP . Wouldn't it be kind of double taxed or inflationary product ??

Thankful if anyone can clear this point.

29 July 2017 Yes. That's the checkpoints from govt. So, You deal your business to register dealer...... Then it's not under RCM.



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