Rcm Applicable

watch_later 2 months ago

Any  gst registered dealer purchase of old gold jewellery from the un registered dealer persons(customers) RCm applicable or not.

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1 Answer

Bhaavesh Gupta watch_later 2 months ago

Purchase of gold from a normal unregistered customer will not attract RCM as it is not in course or futherance of his business. However, gold purchased from unregistered gold trader with attract RCM @3% u/s 9(4).

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    for futhter details write to us on gstpractitioner53@gmail.com - Bhaavesh Gupta
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