RCM ON COMPOSITE SUPPLY
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....CM ON COMPOSITE SUPPLY<br> Query (Issue) Started By: - Kusalava InternationalLimited Dated:- 5-8-2017 Last Reply Date:- 8-8-2017 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>We are purchase....
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....d stationery items from composite supplier.RCM applicable on purchases or not? Reply By MARIAPPAN GOVINDARAJAN: The Reply: A person who opts to pay under composition scheme is registered with the GS....
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....T. He is to pay lesser percentage of tax to the Department. He is not to recovery any tax from the recipient of the service. He is a registered person. So RCM is not applicable in case of purchases fr....
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....om such composite supplier. Reply By KASTURI SETHI: The Reply: Querist is mixing the word 'Composition: with 'Composite'. Reply By Kusalava InternationalLimited: The Reply: I have aske....
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....d about Composition Scheme only. Reply By HimansuSekhar Sha: The Reply: No the saidv person is also a registered person. Reply By Kishan Barai: The Reply: If you are composite supplier no RCM woul....
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....d be applicable, else RCM applicable if purchase crosses above 5000 INR in a day. Reply By raj kumar shukla: The Reply: Since composition dealer would obviously be a registered person, purchases ma....
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....de from a registered person would not attract RCM.<br> Discussion Forum - Knowledge Sharing ....
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