GST under RCM

anuj gupta (cwa) (21 Points)

04 July 2017

I want to know that when we pay tax under RCM, so under which head IGST, CGST,or SGST tax is booked

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3 Replies

Mahendra Dugar (205 Points)
Replied 04 July 2017

depends from where the inward supply coming. if it is interstate it will be IGST. if it is intrastate it will be CGST and SGST

Shrirang Borse (2 Points)
Replied 04 July 2017

If my purchase from unregistered dealer is less then Rs. 5000, then what.

Mahendra Dugar (205 Points)
Replied 04 July 2017

If total value of such supplies in a day does not cross Rs. 5000 then you are exempt from RCM..

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