If we bought some non saleable items from composition dealer,shall we pay the tax amount on RCM basis?
2 Replies
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 26 March 2019
No need to pay tax on RCM
Shivam RC
(Student)
(23683 Points)
Replied 27 March 2019
Not required...
Composition Scheme Dealers cannot collect GST from their customers. They will be paying it out of their own pocket.
Composition Scheme Dealers cannot collect GST from their customers. They will be paying it out of their own pocket.
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