Can we use RCM 5000 limit for the following expenses
1. Brokerage
2. Job Charges as I pay for lace charges.
3. Freight.
please explain
For expense against 1&2, you can use the RCM limit of Rs. 5,000/- under section 9(4), provided such supplies has been procured from unregistered dealer and such procurement should be within state....
For expense no. 3, freight paid to goods transport agency, would not get covered under RCM limit of Rs. 5000/-. Such services are specially mentioned under RCM category u/s 9(3), so limit of Rs. 5000 does not applicable to services covered under section 9(3).
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