Should we discharge GST liability for all reverse charge having small amounts of Transaction or any amount limit is there?
CA Sapna Ghelani (Chartered Accountant) (7550 Points)
18 March 2021Should we discharge GST liability for all reverse charge having small amounts of Transaction or any amount limit is there?
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 18 March 2021
sabyasachi mukherjee
(27223 Points)
Replied 18 March 2021
anil jain
(Partner)
(1072 Points)
Replied 18 March 2021
RCM is applicable only on the services and goods included in the related notifications and not on all services and goods.
But there in no threshold limit.
sabyasachi mukherjee
(27223 Points)
Replied 18 March 2021
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)