Reverse Charge
Apurv Agrawal (101 Points)
12 September 2019
Is RCM on Unregistered purchase in force??
10 Replies
sabyasachi mukherjee
(27574 Points)
Replied 12 September 2019
REVERSE CHARGE MECHANISM:
In case of receipt of supply of goods or service or both by a registered person from unregistered supplier , IGST/CGST will be payable by the recipient, in respect of specified categories of goods and services as may be notified by the government on recommendation of GST council and all provisions of CGST AND IGST ACT shall apply to such recipient as if he is the person liable for paying the tax in relation to such supply of goods and aervice-Sec 9(4).
In case of receipt of supply of goods or service or both by a registered person from unregistered supplier , IGST/CGST will be payable by the recipient, in respect of specified categories of goods and services as may be notified by the government on recommendation of GST council and all provisions of CGST AND IGST ACT shall apply to such recipient as if he is the person liable for paying the tax in relation to such supply of goods and aervice-Sec 9(4).
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 12 September 2019
No..... it's applicable on only Promoter/Developer in term of notification 7/2019 CT (R)
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 14 September 2019
Sabyasachi , nobody told me ... I refer the above said notification , notified by CBIC .
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 14 September 2019
@ Sabyasachi Its applicable with subject to condition provided therein , Hence have to read the said Notification
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 14 September 2019
So kindly refer the above said Notification.
Ravi kumar
(178 Points)
Replied 15 September 2019
RCM for purchase and from Unregistered Dealer s had been deferred upto 30.09.2019. Section 9(4).
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 15 September 2019
Pls refer above said Notification & update yourself
sabyasachi mukherjee
(27574 Points)
Replied 16 September 2019
Pankaj
as per Sec 23 of Cgst actcfollowing persons are not required to register under gst .
a) person engaged exclusively in supplying goods or services which are not liable to tax or are wholly exempted b) agriculturust.
as per notification no.5/2017- cit date 19.6.2017 person who is making supplies where recipient is liable to tax under reverse charge is not required to register.
as per Sec 23 of Cgst actcfollowing persons are not required to register under gst .
a) person engaged exclusively in supplying goods or services which are not liable to tax or are wholly exempted b) agriculturust.
as per notification no.5/2017- cit date 19.6.2017 person who is making supplies where recipient is liable to tax under reverse charge is not required to register.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 20 September 2019
"Pankaj as per Sec 23 of Cgst actcfollowing persons are not required to register under gst . a) person engaged exclusively in supplying goods or services which are not liable to tax or are wholly exempted b) agriculturust. as per notification no.5/2017- cit date 19.6.2017 person who is making supplies where recipient is liable to tax under reverse charge is not required to register."
WHAT DOES IT MEAN...... I KNEW THAT .....
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