<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>rgarding composit supply</title>
    <link>https://www.taxtmi.com/forum/issue?id=118681</link>
    <description>Whether purchases of jute bags from unregistered suppliers used to pack wheat attract liability under the Reverse Charge Mechanism. Registered buyers were liable to pay tax on taxable supplies received from unregistered suppliers, subject to an initial exemption capped per day (01.07.2017-12.10.2017), followed by a broader exemption from 13.10.2017 extended through 2019, and eventual rescission of that exemption effective 01.02.2019. Liability depends on precise transaction dates, exemption applicability, taxability of supplies, and whether RCM was discharged, with potential issues about input tax credit and challenging demands.</description>
    <language>en-us</language>
    <pubDate>Sun, 06 Aug 2023 22:00:34 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 14:23:49 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=721796" rel="self" type="application/rss+xml"/>
    <item>
      <title>rgarding composit supply</title>
      <link>https://www.taxtmi.com/forum/issue?id=118681</link>
      <description>Whether purchases of jute bags from unregistered suppliers used to pack wheat attract liability under the Reverse Charge Mechanism. Registered buyers were liable to pay tax on taxable supplies received from unregistered suppliers, subject to an initial exemption capped per day (01.07.2017-12.10.2017), followed by a broader exemption from 13.10.2017 extended through 2019, and eventual rescission of that exemption effective 01.02.2019. Liability depends on precise transaction dates, exemption applicability, taxability of supplies, and whether RCM was discharged, with potential issues about input tax credit and challenging demands.</description>
      <category>Discussion-Forum</category>
      <law>GST</law>
      <pubDate>Sun, 06 Aug 2023 22:00:34 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=118681</guid>
    </item>
  </channel>
</rss>