RCM on transportation

RCM 232 views 2 replies
I paid transportation charges in cash and amount is less than 5000. Can I liable to pay tax on RCM basis.
Replies (2)
Any RCM payment does not come under 5000/ limit. So you have to pay the same in cash and take ITC credit.
The limit of Rs. 5000 does not apply in case of GTA


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register