Reverse charge for composition trader.
Vipul Jain (Assistant Manager) (69 Points)
12 July 2017If yes can he get the credit of the same to pay his composition liability.
Vipul Jain (Assistant Manager) (69 Points)
12 July 2017
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 12 July 2017
CA. MITHUN KHATRY
(CA IN PRACTICE)
(370 Points)
Replied 13 July 2017
he has to pay tax under RCM for which he cant even credit as ITC
for deatils read article by CA Mithun Khatry at https://gstbible.com/blog/all-about-reverse-charge-mechanism-under-gst-by-ca-mithun-khatry/
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 13 July 2017
Jayesh Doshi
(Self)
(177 Points)
Replied 13 July 2017