RCM postponed fully or partially

08 October 2017

RCM has been postponed till 31.3.17 with regard to urd purchases only or expenses beyond 5000 per day are also postponed

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3 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (178001 Points)
Replied 08 October 2017

Any supply from UR dealer....... be it goods or services...

1 Like

Sanal Bishnoi (Chartered Accountant) (33 Points)
Replied 08 October 2017

Reverse Charge Mechanism applicable for the purchases from the unregistered dealer has been posponed till 31.03.2018.

Now, registered taxpayers can purchase from unregistered persons without having to pay GST on reverse charge basis.

Hence the sla b of Rs. 5, 000/- stands cancelled.

Gopal Das (35 Points)
Replied 08 October 2017

Thnx a lot

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