Please guide in connection with RCM
On 1.7
I have purchased stationery ₹ 3000
Freight charges of ₹ 2500 paid to unregistered person
Total Exps 5000
RCM exemption of rs.5000 per day..
To calculate whether we have to consider pymt made to unregistered person/firm only or total pymt made i.e. reg+unreg
You Have to consider only payment made to unregistered person
total payment should not be more than 5000 to all unregistered suppliers
CAclubindia
