Transactions with composite dealers
This query is : Resolved
02 October 2017
Sir,
Shall we pay GST in reverse charge basis if we purchase the goods from a composite dealer or can we ignore the tax payment??
Regards,
Kiran.
Shall we pay GST in reverse charge basis if we purchase the goods from a composite dealer or can we ignore the tax payment??
Regards,
Kiran.
02 October 2017
RCM not required from composite dealer purchase.
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03 October 2017
A composition dealer is a registered person in GST hence no RCM applies on purchase from composition dealers.
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