RCM on unregistered inward supplies will applied 1st July 2018
RCM on unregistered inward supplies will applied 1st July 2018
As per notification 10/2018 central tax rate, GST RCM on unregistered inward supplied was suspended till 30/06/2018 now Goi and states are not interested to extend it further. If not notified till 30/06/208 means GST RCM on unregistered inward supplies will applied
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Most probably exemption will continue in my opinion.
IT WILL EFFECT TO SMALL ENTERPRISE HAVING TURN OVER LESS THAN 1.5 CR ??