RCM on URD purchases
NANDAN (tax cunsultant) (417 Points)
03 April 2019At present as per CGST notification, a registered dealer should pay tax on URD purchases?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185456 Points)
Replied 03 April 2019
The act has provision for RCM when supplies received from URD (e.g. sec 9(4) of CGST etc.); but it is waiting for the notification of supplies which may be specified which should be charged under the section !!!
CA Sanjay Kumar Maharana
(SENIOR OFFICER(ACCT))
(184 Points)
Replied 04 April 2019
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