Gst liability on small transactions

This query is : Resolved

md shakil (Querist)
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14 July 2017 Should we discharge GST liability for all reverse charge having small amount of transaction or any exemption is there i.e no tax to be deposited in small transactions.

Pl specify with example

CA. Vinodh Kothari

CA. Vinodh Kothari (Expert)
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14 July 2017 Per day exemption on Reverse Charge for purchase from unregistered dealer is allowed upto total of Rs.5000/- under all heads of expenses except notified list of goods and services like GTA, Advocate Fees etc. Balance RCM should be paid.

VK