Does a composition dealer need to pay RCM if he purchases from an unregistered person.
Also, Can a dealer of Non Branded Atta opt for Composition Scheme and declare liability as Nil
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RCM LIABILITY OF COMPOSITION DEALER
Replies (2)
No... rcm not applicable.
No.......there is no RCM on inward supply from URD except if Receptient is Promotor/developer that to be subject to conditions prescribed in Notification 7/2019 CT (r).
So for your RCM is not applicable
So for your RCM is not applicable
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