Sir,
Please clarify :-
1. A registered person under GST purchasing any type of goods (Taxable ) from an unregistered person will be chargeable to Reverse Charge or not.
2.. A registered person under GST purchasing any type of SERVICE (Taxable ) from an unregistered person will be chargeable to Reverse Charge OR on puchasing services notified, like the Notification of May 19, 2017.
Please reply early,
Thanks & Regards,
V. Kumar
As per section 9(4) of CGST Act, 2017:
The central tax in respect of the supply of taxable goods or services or both by a supplier, who is not registered, to a registered person shall be paid by such person on reverse charge basis as the recipient and all the provisions of this Act shall apply to such recipient as if he is the person liable for paying the tax in relation to the supply of such goods or services or both.
So, a supply for service or goods or both falls under RCM.
However there is a limit of Rs. 5,000 per day.
The list of services is exclusively for the services, whether person is registered or not.
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