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3) What will be the implications in case of purchase of goods from unregistered dealers?  

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Ruby
 Ruby
Member
Joined: 8 months  ago
Posts: 37
March 11, 2017 5:25 am  

The receiver of goods will not be able to get ITC. Further, the recipients who are registered under composition schemes would be liable to pay tax under reverse charge.

 

 


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