Dear Sir/Ma'am
We have purchased some sweets for the amount of 70000/- from a composite dealer as per composition scheme they have issued a invoice but can not charge GST as per rules. Are we liable to pay GST under RCM??
Kundan
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177713 Points)
Replied 18 September 2022
No, RCM on purchase from RD is not liable...
Recent Topics
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
- ITC temporary reversal and reclaim
- Query on Transactions
- Two GSTN under different PAN in same address
Related Threads
CAclubindia
