Reverse charge is applicable
Pandurang Sadashiv Jadhav (-) (55 Points)
28 February 2019
Reverse charge is applicable for purchases made from unregistered dealers from 01st feb 2019???
3 Replies
CA Ankit R Momaya
(Partner at Bhat Momaya & Associates)
(2319 Points)
Replied 28 February 2019
No. Reverse Charge is not Applicable for Purchases from Unregistered Dealers from 01st February 2019.
M.M Sachora
(Tax Professional & Advisor)
(1421 Points)
Replied 28 February 2019
Amended Section 9(4) effective from 01-02-2019 read as follows:
“Section 9(4). The Government may, on the recommendations of the Council, by notification, specify a class of registered persons who shall, in respect of supply of specified categories of goods or services or both received from an unregistered supplier, pay the tax on reverse charge basis as the recipient of such supply of goods or services or both, and all the provisions of this Act shall apply to such recipient as if he is the person liable for paying the tax in relation to such supply of goods or services or both
So Till the date there is no specify either service or person so Now RCM is not applicable..
NOTE: If you satisfy with my reply kindly like my comment it will increase motivation to me help other people
“Section 9(4). The Government may, on the recommendations of the Council, by notification, specify a class of registered persons who shall, in respect of supply of specified categories of goods or services or both received from an unregistered supplier, pay the tax on reverse charge basis as the recipient of such supply of goods or services or both, and all the provisions of this Act shall apply to such recipient as if he is the person liable for paying the tax in relation to such supply of goods or services or both
So Till the date there is no specify either service or person so Now RCM is not applicable..
NOTE: If you satisfy with my reply kindly like my comment it will increase motivation to me help other people
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