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Rcm for urd expenses

Kollipara Sundaraiah (B.com) (2963 Points)

08 September 2020

any gst registered regular scheme dealer list of expenses on which expenses RCm applicable for URD expenses.

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 08 September 2020

Section 9(4) RCM on Purchase from Unregistered dealer is scrapped for all except Promoter/developers. So, As of now only Promoter/developers has require to pay RCM on Purchase from unregistered dealer for specified goods as per Provision of Section 9(4) of CGST Act, 2017.