Composition scheme

127 views 2 replies
If composite dealer is purchasing goods which are under RCM from other composite dealer. So the purchaser is required to pay tax under RCM at composition rate or normal rate?
Replies (2)
At the normal rate. Composition rates aren't applicable in RCM cases.
composition rate is application in case of forward charge i.e where supplier is required to pay tax...

in case of reverse charge the normal rate is applicable


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register