Rcm (reverse charge mechanism)
This query is : Resolved
05 May 2018
Should I have to pay RCM if I have purchased some goods or service from unregistered dealer through cheque? Either I will purchase under Rs. 5000.00 or more than 5000.00. As you know the threshold limit of cash purchase under GST is Rs. 5000.00.
Please describe.
Please describe.
05 May 2018
No RCM on such purchases till 30th June 2018.
05 May 2018
Sir please describe.
05 May 2018
Due difficulties faced by dealers GST council suspended the applicability of RCM on purchases from unregistered dealers till 30th June 2018.
05 May 2018
Either I will purchase through cheque or cash??? And Under 5000.00 or More Than 5000.00???
05 May 2018
Up to 10,000 you can purchase through cash.
05 May 2018
And what about through cheque from unregistered dealer???
05 May 2018
For Cheque payment also RCM not applicable till 30th June 2018
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
- Tax implications of gift to maternal uncle
- Filing d ITR by registered legal heir
- Closure of a PVT LTD company
- 26QB correction - no data available error for fully consumed/processed with default
- ROC filings for the first year of incorporation
- Real estate business by a partnership firm where both of the partners are SC/ST
- TDS on Purchase of Immovable Property in case of Co Owner
- When I Login E-invoice portal with waybill user id and pw, it is showing 3011 error data
- Short term capital gain Section 87A
- Restarting CA after 25 Years
- How to open attachment in 23ac xbrl
- TDS -Annual fees
- INCOME TAX AMOUNT PAID BUT NOT REFLECTING IN PORTAL
- Input Tax Credit Puf panels
- Unable to convert User role from Registered user to Business user on MCA V3 portal
- Please help with SAC Codes (6 digits) for below mentioned services provided by Chartered Accountant
- Need to send letter to GST dept. For claimed missed ITC
- Printing Press under Composition Scheme
- 140-A Tax Wrongly Paid PAN No
- CSR funding for private limited companies
CAclubindia
