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un regd purchase and composition scheme

sudipta Ghoshal (student) (72 Points)

09 December 2017

Respected sir.
kindly explain the impact of unregistered purchase in composition scheme under GST.

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4 Replies

RAJA P M ("Do the Right Thing...!!!") (128062 Points)
Replied 09 December 2017

A registered dealer purchased from URD then RCM applicable from 1st July to 12th October.
From 13th October RCM not applicable...

Registered Dealer* - Who is registered under GST they are called registered dealer if he is regular or Composition both are called registered dealer...

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maharaj (accountant) (165 Points)
Replied 09 December 2017

But There have exemption rule for limit Rs. 5000/-. For one day. May be from one party or combined with several party.

RAJA P M ("Do the Right Thing...!!!") (128062 Points)
Replied 09 December 2017

Originally posted by : maharaj
	But There have exemption rule for limit Rs. 5000/-. For one day. May be from one party or combined with several party.

The Exemption limit Combine to all Inwards from URD in one Day....

maharaj (accountant) (165 Points)
Replied 09 December 2017

I am also saying about purchasing.... It's correct or other meaning from ur reply Mr RAJA P M

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