Notification Notification No 09/2017 Central Tax rate Provides for exempting persons who are required to deduct TDS from reverse charge of supplies received from unregistered persons
Financial Year: 2017
Notification No 09/2017 Central Tax Rate dated 28th June 2017
Govt has issued a notification No 09/2017 which has
Exempted reverse charge for persons exclusively liable to be registered under section 24(vi)
From inward supplies from unregistered dealers (Section 9(4))
Section 24(vi) persons who are required to deduct tax under section 51, whether or not separately registered under this Act;
Therefore govt doesn’t want to pay reverse charge under its undertakings
for supplies that undertakings receive from unregistered suppliers
because there are only govt undertakings registered under section 51.
Notification also imposed one more condition that the person will be exempted only when he is not liable to be Registered Under any other provisions of the Act.
Please download notification from following PDF Image
Thanks
CA Rahul Gupta