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applicabiity of RCM, Goods and Services Tax - GST

Issue Id: - 118324
Dated: 13-1-2023
applicabiity of RCM

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my query is-for what period RCM is payable on purchase of wood from unregistered delars for manufacturing of ply board in up sgst act 2017.further in F.Y-2022-23 RCM is payable or not.

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Showing Replies 1 to 6 of 6 Records

1 Dated: 14-1-2023
By:- Amit Agrawal

Under Notification No.4/2017-Central Tax (Rate) (as amended from time to time, till date), there is no mention of 'wood' - as specified goods - where liability to pay GST under RCM u/s 9 (3) of the CGST Act, 2017 is notified.

W.r.t. your query about UP SGST Act, 2017, "generally speaking", it should be replica of above-said Notification No.4/2017-Central Tax (Rate) (as amended from time to time, till date). But, one needs to check relevant notifications under UP SGST Act, 2017 before reaching any conclusion.

These are ex facie views of mine and the same should not be construed as professional advice / suggestion.

2 Dated: 14-1-2023

Wood is under FCM. See 4403, 4407, 4408, 4409, 4410 and all these attract GST @ 18%.

3 Dated: 14-1-2023

A composition dealer cannot purchase from un-registered person.

4 Dated: 14-1-2023

With regards to reply of kasturi Seth sir my query is related to registered dealer. It is manufacturing unit

5 Dated: 14-1-2023

Re-examined. I agree with Sh.Amit Agrawal Sir. My reply at serial no.3 above may treated amended in the light of reply of Sh.Amit Agrawal, Sir.

6 Dated: 15-1-2023
By:- Shilpi Jain

Initially when GST was implemented there was liability under RCM w.r.t. purchases from unregistered persons. This was later amended to be removed during Oct '17 and presently there is no such liability under RCM for the present kind of transaction.


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