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Purchase from farmers
How to do accounting in a dealer purchase agri product from Farmer No GST? or RCM is applicable?
Replies (6)
No RCM on agri produce, as nil rate. Prepare bill of supply and take their affirmation with any ID.
Ok.. Thanks for the Information Sir
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what if the product is a taxable products? For eg. Spices attract 5% GST
SIR, WHAT ABOUT AGRICULTURAL PRODUCT WHICH ARE TAXABLE, SUCH AS PRODUCTS FALLING UNDER CHAPTER 12(OIL SEEDS), WHICH ARE BEEN TAXED @ 5%. IS RCM APPLICABLE?
SIR, WHAT ABOUT AGRICULTURAL PRODUCT WHICH ARE TAXABLE, SUCH AS PRODUCTS FALLING UNDER CHAPTER 12(OIL SEEDS), WHICH ARE BEEN TAXED @ 5%. IS RCM APPLICABLE?
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