If we purchase cotton from farmers then we have to pay Gst ( RCM)
regards,
4 Replies
saurabh sawlani
(2191 Points)
Replied 02 January 2021
@ saurabh malani please provide section/act?
regards,
regards,
Saurabh Malani
(32 Points)
Replied 02 January 2021
Yes. As per the Notification No. 43/2017 dated 29/11/2017 of Central Tax, if the registered person purchased raw cotton from an agriculturist, purview of rule u/s 9(3)of CGST act eill be applicable
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