Dear Experts,
Good Morning!
Just wanted to have clarity on whether RCM on unregistered dealer got effective from 1.10.19 or not? If possible please provide notifications for the same.
Menu
RCM on unregistered dealer
Replies (4)
Reverse Charge Mechanism (in case of supplies made by unregistered persons to registered persons) reintroduced from 1st Feb 2019, only on specified goods/services and specified persons.
The amendment to the section 5(4) of IGST Act & 9(4) of CGST Act as per which only notified supplies in respect of notified class of persons would be liable when procured from unregistered persons. Hence, except for the notified supplies (eg: in case of real estate service suppliers paying @ 5%) there would be no liability of GST on procurement from URP.
Thanks for the reply
There is any notification regarding that please send me that ??? @ dhirajlal sir
@ Mr Yash Jain.,
Notification No. 24/2019-Central Tax (Rate)
& with
), no. 07/2019-Central Tax (Rate), dated the 29th March, 2019
Notification No. 24/2019-Central Tax (Rate)
& with
), no. 07/2019-Central Tax (Rate), dated the 29th March, 2019
Recent Threads
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
Related Threads
CAclubindia
