GTA prob
Ajay Prajapati (512 Points)
22 September 2017
if any unregistered GTA billed us below 5000 k in 1 day then we r laible to pay RCM on this amount or not ?
14 Replies
CA Amit Kumar
(Chartered Accountant)
(346 Points)
Replied 22 September 2017
No.. since bill amount is less than 5000.
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 22 September 2017
You are liable to pay bcoz gta is under rcm u/s 9(3) and exemption is only 750/- per consignment
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 22 September 2017
5000/- exemption is given u/s 9(4)
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 22 September 2017
5000/- exemption is given u/s 9(4)
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 22 September 2017
5000/- exemption is given u/s 9(4)
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 22 September 2017
Yes...
I agreed with Mr RAMESH D MODI Sir....
The one day ceiling limit of 5k is not applicable to GTA. ...
I agreed with Mr RAMESH D MODI Sir....
The one day ceiling limit of 5k is not applicable to GTA. ...
CA Amit Kumar
(Chartered Accountant)
(346 Points)
Replied 22 September 2017
Thanks for the info Modi Sir and Raja Sir..
CA Amit Kumar
(Chartered Accountant)
(346 Points)
Replied 22 September 2017
Mr. Ramesh D Modi Sir can you please quote the same provision here as I m unable to find the exemption limit
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 22 September 2017
it is given in separate notification
Ashok Sharma
(19 Points)
Replied 23 September 2017
raja ji if I purchase goods from unregistered dealer worth Rs60000/ in a month but not exceeding Rs 5000/- in one day. should I pay GST on it. if GST not paid as daily limit is 5000/- than where it shows in GSTR 3B
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 23 September 2017
@ Ashok.,
The bill amount is Rs. 60000 then you ll be pay Tax under RCM basis...
If you get bill less than 5k and above 12 bills then no need pay Tax under RCM basis....
The bill amount is Rs. 60000 then you ll be pay Tax under RCM basis...
If you get bill less than 5k and above 12 bills then no need pay Tax under RCM basis....
RAMESH D MODI
(Proprietor)
(4869 Points)
Replied 23 September 2017
exactly but different date or different person..
Ashok Sharma
(19 Points)
Replied 11 October 2017
thanks for reply but plz tell should I show my urd purchase in any return of gst
Recent Topics
- Interest free loans from directors in private limi
- Section 194T
- Paying GST on Residential House Construction
- Gst credit ledger input
- Income Tax Filing after Portal Deadline
- LTCG u/s 54 -Time Period Related
- Clarification -GST registration
- TDS on commercial bus insurance payment
- Do we need Environmental Clearance certificate for
- GST Rate confussion
Related Threads
CAclubindia
