Rcm on purchases from unregistered dealer
This query is : Resolved
06 December 2017
As a registered party should pay GST on RCM basis when the purchase amount in a day exceeds Rs.5000/-.
Whether it is the aggregate amount of purchase from all the unregistered parties? Or
The limit for the transactions made individually with each party?
Regards,
Kiran.
Whether it is the aggregate amount of purchase from all the unregistered parties? Or
The limit for the transactions made individually with each party?
Regards,
Kiran.
06 December 2017
RCM for purchase from unregistered person not applicable till 31st March 2018
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Households luggage
- Fixed asset entry in tally
- GENERATE E-INOICE IF TURNOVER EXCEED 5 CR FROM YODAY
- TDS 194IB FY 2025-2026
- Taxability in hand of employee
- Updated return invalid tax paid status
- GST procedure on conversion of Partnership Firm to Pvt Ltd
- Re-entering the work force
- Regarding Change in Signature before applying for membership
- Succession act
- P&L and B/s Format for Public Companies
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
- TDS Return filing if only have 15G /15H deductions and no other payments
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani -
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CA Arpita Tulsyan
CAclubindia
