GST on raw cotton

    Posted By : CS Shiriti / Published on : 06-Mar-2018 10:10 AM / View : 107 / Comment : 1
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    Will 5% GST on raw cotton be paid directly by factories on reverse charge basis and who will pay it?
    Read more on : cotton

    • The GST on Raw Cotton will be payable @5% on RCM by the Recipient of such material (GST Registration by Recipient is mandatory irrespective of the threshold limit as the supply is covered under section 9(3) of CGST Act, 2017 as Notified Goods).

       

      29-07-2018 / 02:46:27 AM
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