Shivam RC
(Student)
(23683 Points)
Replied 05 September 2021
Dear Sathya Kumar Sir,
RCM on Purchase from URD is now applicable only on notified goods and on notified suppliers after the CGST ( Amendment) Act 2018. As of now the government has notified transactions related to the "REAL ESTATE SECTOR" which will be covered under RCM on Purchase from Unregistered Dealer ( Section 9(4) of the CGST Act 2017 ).
Hence if are transactions are related to real estate goods like cement, bricks etc, then you have to pay GST via RCM on goods procured from URD. Anything other than Real Estate Items are not covered under RCM ( Section 9(4) ) as of now.
Regards,
Shivam RC.