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RCM on supply from unregistered person, Goods and Services Tax - GST

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....CM on supply from unregistered person, Goods and Services Tax - GST<br> Query (Issue) Started By: - venkataraman swaminathan Dated:- 24-9-2019 Last Reply Date:- 24-9-2019 Goods and Services Tax - GST<....

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....br>Got 2 Replies<br>GST<br>Dear Sir Good Morning As per the Notification dt. 29.1.2019 , we.f. 1.2.2019 RCM GST liability , on purchases/ Services from Unregistered persons are waived up to 30.9.20....

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....19. Now is it applicable to pay under RCM from URD ,w.e.f. 01.10.2019. for the specified goods & services. Request guidance on this please. Thanking you V Swaminathan Reply By Shilpi Jain: The Rep....

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....ly: There is an amendment to the section 5(4) of IGST Act and 9(4) of the CGST Act as per which only notified supplies in respect of notified class of persons would be liable when procurred from unre....

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....gistered persons. Hence, except for the notified supplies (eg: in case of real estate service suppliers paying @ 5%) there would be no liability of GST on procurements from URP. Reply By Ganeshan Kal....

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....yani: The Reply: The previous provision where purchase from any unregistered person by a registered person need to pay tax under rcm by recipient is rescinded.<br> Discussion Forum - Knowledge Sharin....

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