RCM under Section 9(4) of CGST | RCM on Purchases from Unregistered Dealer | RCM on Real Estate 2022

#RCMunder9(4) #RCMunderGST
In this video, we will discuss the complete provisions of section 9(4) of the CGST Act, 2017 read with Notification No. 7/2019 CT(R).
We will discuss the applicability of the reverse charge mechanism (RCM) under GST on purchases made by promotors from an unregistered dealer with the help of a case study.
RCM on shortfall from the minimum value of goods or services or both required to be purchased by a promoter for construction of a project, in a financial year as prescribed in notification No. 11/ 2017- Central Tax (Rate).
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[@rajadey1552]

Sir, there are 99% of people on RUclips who know very well about GST law but they don't want to teach the whole thing for free so they charge some price. And those who explain it for free know nothing about the GST law themselves. But you are the only one on RUclips who is teaching ordinary people like us hours and hours of complete information about free GST. Sir, I have no word on how to say thank you.
Apko core core pranam 🙏🙏🙏

[@mmforyou]

Thanks a lot Raja. Just help us by sharing our content with all others.
You can also consider availing our GST Practitioner Course: www.madhusudanmishra.in/gstbymm/gstpractitioner.html.

[@ramudgaryadav2760]

Great analysis mishra sir nice

[@sillysaint2390]

Thanks a lot sir... complicated topic...thoda samajh aagaya aaj

[@vivekdubey9187]

sir, you are realy A
great teacher !!!!!!

[@user-qm4yl1og2c]

Thank you for including practical question in your presentation as it makes easy to understand the concept.

[@Mr.rao__]

Many thanks to you sir…. 🙏🏻
The way clarify each concept is just wonderful ⚡️

[@JagdeepTaxClasses]

Very good explaination. Thanks.

[@NitiGoel-cs2oh]

Nice explanation

[@prakashsingh-ux2vb]

You’re doing a great job

[@moneetkumar6103]

Thanks

[@anupborhade4256]

Bang!!! To the point... 👍Ty

[@jmanocha3]

too good explanation

[@shwetagole6907]

Property tax is considered part of the registered supply

[@praveens2905]

Great sir

[@b.s.venkateswararaodesu6260]

When resales done goods purchesed from unregistered persons, in GSTR-3B where we show that amount of purchase value

[@ksnarayanan5281]

In my opinion, goods other than falling under section 9(3) & 9(4) purchased from unregistered person need not be shown in GSTR 3B as no GST is payable by neither seller nor recipient.

[@rohittulshyan5352]

hello sir , I have 2 doubts here:- 1. In the illustration it has been written that 20 lacs of capital goods purchased from composite dealer the under fcm why will calculate gst as per normal rate of 18%. we should apply composite rate i.e. 1% and
(2) while calculating 80% from reg , why we will consider capital goods as it is saying that 80% of the total input and input services should be from reg person.so we should only consider input and input services and the if there is shortfall then 18% tax is req under rcm.
Kindly clarify above two doubts sir. Thanking you .

[@sunilkumar-qu7fv]

Mja aa gya sir

[@biswajitmajumdar6953]

Sir composite dealer ka rate 18 kaese hoskta h..? In question

[@somendramisra3629]

This rcm applicable on construction services not on works contract ?

[@blast2686]

Is casual taxable person considered as Registered person or unregistered person? Because under specified recipients given under Entry 1(GTA services of goods by road) Registered person is mentioned separately from Casual Taxable person

[@santoshjoshi8214]

What about labour service? Comes under RCM?

[@sumitahuja8886]

Sir if we purchase from unregistered dealer & sell through e commerce(cloth business) then we need to show purchase or not anywhere in Gst? And whether we need to pay gst on purchase & then claim it as ITC?

[@mmforyou]

9(4) is not applicable on cloths.

[@milindshewale8388]

Reverse which month

[@geetasharma-ti6go]

sir ek contractor jo unregisterd se purchase aur service leta hai uspe gst dena hoga ya nahi

[@anandbhatt700]

Sir 23 lakh(other input) jo unregistered se kharida hai us par rcm ke under tax pay hoga naa??

[@garlicbread5716]

Sir in the last part while calculating tax payable under FCM and RCM, why you didn't consider that 12% on 23L (other input and input services received from UR supplier)?

[@manishmahato2001]

Wo urp se hai , koi tax nahi dena. Upto 20% app urp se purchase kar sakte ho on which no tax but isme cement and CG nahi aayega .

[@blast2686]

Why is composition supplier charging 18% gst for capital goods? Rate is 1%

[@mmforyou]

Rectified.

[@lakshmisrinu2199]

Composite dealer dont not charge gst in second point

[@user-uj4et7ty4x]

I am GST composition seller in Gem portal.i sell furniture in government offices in bid document rcm applicable written is yes,my question is what is tax rate should I apply on cmp08 and gstr4 annual return (furniture is 18% GST in normal rate ) and I filled overall 1%gst in return.kindly help me regarding technical of GST rules (i purchase from unregistered seller and supply in government)

[@mmforyou]

Kindly WhatsApp at [phone].

[@suryawanshipankajkharwar7803]

Sir Interest on unsecured loan/ Bank loan will be considered or not while calculating 80 & 20 percent or not??

[@mmforyou]

yes it needs to be considered.

[@deepakaadiv9631]

@@mmforyou sir interest on unsecured loan is exempt under gst

[@mmforyou]

@@deepakaadiv9631 yes

[@accountsjob5448]

Govt ko kaise pata chalta hain kitna saman unregistered se kharida hain ?

[@mmforyou]

With Audit and Scrutiny.