Composition Dealers Not Taxed Under RCM for Scrap from Unregistered Dealers; Tax Due if Supplier is Government Authority.

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Full Text of the Document

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....Purchase Scrap/Used vehicles from Unregistered Dealers by Composition dealer - Reverse Charge Mechanism - Composition Dealer purchasing Scrap/Used vehicles from the following Suppliers, namely: Central Government, State Government, Union territory or a local authority are liable to pay tax on RCM basis. - There is no RCM tax liability for purchase of subject goods from unregistered dealers. - AAR....