What is exemption limit per day for unregd purchase to apply RCM?
2. Agreegate amount for both service and goods from un regd supplier
Supplies, where the aggregate value of goods or services or both received by a registered person from any or all the unregistered suppliers is less than five thousand rupees in a day is exempted from reverse charge mechanism.
N.N. 8/2017-Central Tax(Rate), dt. 28.06.2017 https://bit.ly/2vI6RXL
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