RCM ON COMPOSITION SCHEME

aditya kandoi (accountant) (26 Points)

26 July 2017

Wheather Reverse charge mechanism is applicable when person under Composition Scheme purchase goods from unregistered dealer ????

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (171414 Points)
Replied 26 July 2017

Yes

Prabhat Agrawal (32 Points)
Replied 26 July 2017

pls. note that there is some relax by GST council. You can purchase goods of ₹5000/- per day without paying RCM.

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aditya kandoi (accountant) (26 Points)
Replied 26 July 2017

Whether this is for all goods and service or for only goods specified in reverse charge mechanism

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