Composite scheme

314 views 7 replies
RCM is applicable on composite scheme dealor
plzzz reply
Replies (7)

Any tax payable under Reverse Charge Mechanism will not be covered under the scheme. These taxes will be liable to be paid as a normal tax payer.

UPASANA GUPTA JI READ AGAIN AND REPLY,I THINK HE SHOULD PAY RCM .
Yes, RCM is applicable to composite dealers at regular rates.
Right, for retail medical stores, composition is hell
rcm is applicable to all
rcm is applicable to all
i think it will not be coverd only they will pay tax on turnover...


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register