19 April 2018
We are a partnership firm having turnover around 3.00 crores and registered as regular in GST. We are paying RCM on carriage inward and shop/godown rent as RCM since July,17 and have been filing monthly GST Return, but have not paid RCM on any other business expenses like printing, travelling and conveyance, mobile exp. and many other various expenses. Which expenses are liable to be RCM paid ? Please guide us in this regard.
19 April 2018
Purchase from unregistered dealer [section 9(4)] is exempt since 13/10/2017 to 30/06/2018, i.e. you need not to pay rcm on such urd purchase from 13/10/17. Certain expenses like advocate fees is liable for gst on rcm . you can refer section 9(3) for such specified expenses
Expert :
Anonymous
Expert :
Anonymous
(Expert)
19 April 2018
Yes... I agreed with Mr CA MAYUR TODMAL.,
Also You ll be pay GST tax under RCM basis from 1st July to 12th October for URD related inwards and if exceeding 5k limit...
CAclubindia
