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Liability to Register of Person dealing exclusively in exempt goods but liable to pay RCM u/s 9(3)  

 

sydandekar
Member Admin
Joined: 4 months ago
Posts: 12
27/07/2020 5:57 pm  

Section 23(1) of CGST Act states that the persons shall not be liable to registration if he is engaged exclusively in the business of supplying goods or services or both that are not liable to tax or wholly exempt from tax under this Act or under the Integrated Goods and Services Tax Act.

Similarly Section 24 of CGST Act requies certain persons to register irrespective of his turnover and clause (iii) of Section 24 specifies persons who are required to pay tax under reverse charge (RCM).

Whether a person who is exclusively in the business of exempt supply but liable to pay tax under reverse charge is required to register under Section 24 or will be exempt from registration under Section 23 ?

This topic was modified 4 months ago by sydandekar

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