RCM is applicable or not
Sunil Maheshwari (4 Points)
07 October 2017
RCM is complete suspended or applicabe
11 Replies
Nikhil
(41 Points)
Replied 07 October 2017
RCM has two parts: section 9(3) and section 9(4) of sgst act. only section 9(4) is suspended
Himani Singh
(Chartered Accountant)
(48 Points)
Replied 07 October 2017
9(4) says if supplier is unregistered and receiver is registered in GST, receiver is not liable under RCM.
All other reverse charge provisions remains same.
Thanks!
rinku gupta
(accountant)
(435 Points)
Replied 07 October 2017
it mean dealer have not a responsibility for deposit tax on rcm
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 07 October 2017
| Originally posted by : rinku gupta | ||
 |
it mean dealer have not a responsibility for deposit tax on rcm |  |
Supplier is URD buyer is RD then No more Tax liability to the RD...
This rule come into force 1st October to 31st March 2018...
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 07 October 2017
Except Sec 9(4).....
From URD inwards...
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 09 October 2017
It's exactly Came and also following dealers. From 1st October.....
Chandrasekhar Kutty
(CA)
(30 Points)
Replied 09 October 2017
We have to wait for the notification to see its applicability and date from which it will be effective
vaibhav
(student)
(253 Points)
Replied 10 October 2017
Yes. in absence of notification, its still applicable
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