One Dealer ( Pesticides and Fertilizer, Seeds ) registered under GST purchased exempted goods from Farmers ( URD ).....My question is whether RCM applicable in this case....If applicable then what is Tax Rate and Challan Number for paying the tax under RCM
Reply—Provision of reverse charge is applicable on supply of goods specified in Notification no. 4/2017- Central Tax (Rate) Dated June 28, 2017.
Your client is not required to pay tax under reverse charge for purchase of exempted goods from farmer.
Posted Date: Sep 09, 2020