EXEMPTED Goods attract RCM Sec
Hitesh Patel (Student CA IPC / IPCC) (34 Points)
05 March 2019Thanks.
Hitesh Patel (Student CA IPC / IPCC) (34 Points)
05 March 2019
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 06 March 2019
No RCM applicable.
As per latest amendments, RCM shall be paid on specified supplies and by specified categories of person.
However government has not specified anything yet and hence no RCM for purchase from unregistered dealer
M.M Sachora
(Tax Professional & Advisor)
(1421 Points)
Replied 06 March 2019