RCM covered or not
Gyanendra kumar mishra (A.M.) (81 Points)
19 December 2017
import goods can importers covered under RCM or not.
1 Replies
surbhi
(student)
(343 Points)
Replied 20 December 2017
Imported goods are deemed to be as Interstate supply so accordingly IGST applicable .So accordingly, imported goods will b in RCM, as the supplier is situated in Non taxable territory and recipient of supplies is in taxable territory.
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