Reverse Charges

27 May 2017

Is Proprietor is also liable for RCM..??

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5 Replies

rocky (accountant) (948 Points)
Replied 27 May 2017

no. only firms and companies

CA NEHA RAMPURIA (Taxation Consultant) (1823 Points)
Replied 28 May 2017

Every registered person purchasing goods or services from unregistered person would have to pay gst under rcm

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Lekhu Nyoliwala (92 Points)
Replied 28 May 2017

No specific persons. All RD receiving supplies from an URD shall be liable to pay under RCM

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CA NEHA RAMPURIA (Taxation Consultant) (1823 Points)
Replied 28 May 2017

Yes All rd person purchasing goods or services from unregistered person would have to pay tax under rcm

imran lakhani (38 Points)
Replied 28 May 2017

thanks Neha Mam

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