RCM APPLICATION ON PURCHASE OF GOODS
partha (ACCOUNTANT) (80 Points)
06 July 2017partha (ACCOUNTANT) (80 Points)
06 July 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(176815 Points)
Replied 06 July 2017
When you sell your goods within state...... You charge CGST & SGST 50:50.
Here input CGST (paid under RCM or any other credits) gets adjusted against output CGST........... and similarly SGST against SGST.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India