The Synthetic & Rayon Textiles Export Promotion Council

SRTEPC Circulars specifying that Reverse Charge Mechanism (RCM) under CGST, IGST and UTGST on procurement from Unregistered Dealers which was deferred till 30th September, 2019 to be completely withdrawn w.e.f. 1st February, 2019

Circular No. ES/ 362/ 2018-19                                                                January 30, 2019 

To: Members of the Council

Sub: RCM under CGST on procurement from unregistered dealers withdrawn by CBIC

Dear Member,

This is to inform you that CBIC has issued Notification No. 01/2019- Central Tax (Rate) dated 29th January, 2019 seeking to rescind Notification No. 8/2017-Central Tax (Rate) dated 28th June, 2017 to bring into effect the amendments made related to Reverse Charge Mechanism (RCM) on supplies by unregistered persons in the GST Act. This notification shall come into force w.e.f. 1st February, 2019.

Members may kindly make a note of the above changes.

Thanking you,

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR

________________________________________________________________________________

Circular No. ES/ 363/ 2018-19                                                                  January 30, 2019 

To: Members of the Council

Sub: RCM under IGST on procurement from unregistered dealers withdrawn by CBIC

Dear Member,

We would like to inform you that CBIC has issued Notification No. 01/2019- Integrated Tax (Rate) dated 29th January, 2019 seeking to rescind Notification No. 32/2017- Central Tax (Rate) dated 13th October, 2017 in order to bring into effect the amendments made related to Reverse Charge Mechanism  (RCM) on supplies by unregistered persons in the GST Acts. This notification shall come into force w.e.f. 1st February, 2019.

Members may kindly make a note of the above.

Thanking you,

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR

________________________________________________________________________

Circular No. ES/ 364/ 2018-19                                                                 January 30, 2019 

To: Members of the Council

Sub: RCM under UTGST on procurement from unregistered dealers withdrawn by CBIC

Dear Member,

We would like to inform you that CBIC has issued Notification No. 01/2019- Union Territory Tax (Rate) dated 29th January, 2019 seeking to rescind Notification No. 8/2017-Union Territory Tax (Rate) dated 28th June, 2017 in order to bring into effect the amendments made related to Reverse Charge Mechanism (RCM) on supplies by unregistered persons in the GST Acts.  This notification shall come into force w.e.f. 1st February, 2019.

This is for your information.

Thanking you,

Yours faithfully,

S.BALARAJU
EXECUTIVE DIRECTOR