RCM for Composite dealer?

Yogesh Bodkhe (Sr Finance Executive) (35 Points)
Replied 04 August 2017

It’s also important to note that, a taxable person who is eligible for payment of tax under composition scheme under section 10 of CGST/SGST Act, is also under obligation to pay tax under normal rates in respect of supply of goods/service received by him from unregistered persons, failing which benefit of composition scheme would not be applicable to him.

Yogesh Bodkhe (Sr Finance Executive) (35 Points)
Replied 04 August 2017

It’s also important to note that, a taxable person who is eligible for payment of tax under composition scheme under section 10 of CGST/SGST Act, is also under obligation to pay tax under normal rates in respect of supply of goods/service received by him from unregistered persons, failing which benefit of composition scheme would not be applicable to him.

Yogesh Bodkhe (Sr Finance Executive) (35 Points)
Replied 04 August 2017

It’s also important to note that, a taxable person who is eligible for payment of tax under composition scheme under section 10 of CGST/SGST Act, is also under obligation to pay tax under normal rates in respect of supply of goods/service received by him from unregistered persons, failing which benefit of composition scheme would not be applicable to him.

Yogesh Bodkhe (Sr Finance Executive) (35 Points)
Replied 04 August 2017

It’s also important to note that, a taxable person who is eligible for payment of tax under composition scheme under section 10 of CGST/SGST Act, is also under obligation to pay tax under normal rates in respect of supply of goods/service received by him from unregistered persons, failing which benefit of composition scheme would not be applicable to him.