rcm on composition

RCM 192 views 7 replies
User Avatar

Chartered Accountant
158 Points Joined March 2010
if a person is registered under GST as composition dealer and he is supplying goods to another registered dealer without charging GST in that case whether that registered person is required to pay tax on reverse charge basis..as composition dealer is not charging GST??
0 Reply Share Follow
On 05 September 2017 at 13:23 Report
Replies (7)
User Avatar

"Do the Right Thing...!!!"
128147 Points Joined January 2015
No...
RD is can't pay tax under RCM basis. Bcoz, The purchase from as Registered Dealer.



But, The Regular dealer ll be loss his ITC 😢😢😢
1 Reply
On 05 September 2017 at 13:44
User Avatar

Proprietor
4869 Points Joined January 2010
exaxtly...Mr Raja.
RCM IS APPLICABLE ONLY IF U PURCHASE FROM UNREGISTERED.
Reply
On 05 September 2017 at 13:48
User Avatar

Proprietor
4869 Points Joined January 2010
exaxtly...Mr Raja.
RCM IS APPLICABLE ONLY IF U PURCHASE FROM UNREGISTERED.
Reply
On 05 September 2017 at 13:49
User Avatar

Deputy Finance Manager
1136 Points Joined May 2013
Originally posted by : RAMESH D MODI
exaxtly...Mr Raja.RCM IS APPLICABLE ONLY IF U PURCHASE FROM UNREGISTERED.

@ Ramesh Sir RCM is not only applicable purchase from Unregistered person its also applicable 18 services notified under RCM
Reply
On 05 September 2017 at 14:25
User Avatar

Deputy Finance Manager
1136 Points Joined May 2013
Originally posted by : RAMESH D MODI
exaxtly...Mr Raja.RCM IS APPLICABLE ONLY IF U PURCHASE FROM UNREGISTERED.

@ Ramesh Sir RCM is not only applicable purchase from Unregistered person its also applicable 18 services notified under RCM
Reply
On 05 September 2017 at 14:27
User Avatar

Chartered Accountant
158 Points Joined March 2010
Thanx to all
Reply
On 05 September 2017 at 14:32
User Avatar

"Do the Right Thing...!!!"
128147 Points Joined January 2015
Dear Kaushik.,
You are exactly correct.
But, Mr. RAMESH D MODI Sir reply is also correct. Bcoz, He is reply only above said Query. Not whole RCM related reply....
Reply
On 05 September 2017 at 14:54


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading