I am doing Contract Work While Filing GSTR - 9 What are the head comes under RCM - I have purchaed Unregistered Material ( Bluemetal, Sand, Bricks ) , Loading & Unloading Expenses, Loading & Tranport Charges, Prepaid MObile recharges, Labour Charges, Vehicle Rent, Printing & Stationery , Repairs & Maintanance, Staff Welfare Etc.. For all these i have no bills from any party but while filing Incomne Tax i have shown Upto 1869600/- July to Marh Expenses Now What Should i do for it
2 Replies
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 01 June 2019
RCM on unregistered purchases was applicable till 12.10.2017. If your unregistered purchase for a day exceeded Rs. 5000 then RCM was payable on the whole day unregistered purchases. From 13.10.2017 no RCM on unregistered purchases except certain specified services & goods.
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