reverse charge mechanism
Sri Snigdha (Articles Assisstant) (499 Points)
28 March 2019
is the rcm applicable for purchases from unregistered purchases as of now?
1 Replies
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 28 March 2019
No, There is no RCM for purchase from unregistered dealer.
Government shall notify the class of person and categories of goods on whom RCM shall be applicable.
As on date nothing has been notified in this matter and hence no RCM for URD purchase to everyone
Government shall notify the class of person and categories of goods on whom RCM shall be applicable.
As on date nothing has been notified in this matter and hence no RCM for URD purchase to everyone
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