RCM on transportation
rakesh (trainee) (86 Points)
20 September 2017
I paid transportation charges in cash and amount is less than 5000. Can I liable to pay tax on RCM basis.
2 Replies
Chhatra Singh Dugar
(1464 Points)
Replied 20 September 2017
Any RCM payment does not come under 5000/ limit. So you have to pay the same in cash and take ITC credit.
Poltu Ghosh
(Job)
(1865 Points)
Replied 20 September 2017
The limit of Rs. 5000 does not apply in case of GTA
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