reverse charges below 5000

09 July 2017

applicable for 5000 per day or 5000 per person or 5000 per day of receipent or 5000 per bill ....?

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5 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (178001 Points)
Replied 09 July 2017

Rs. 5000/- per day............ aggregate of all the cash vouchers........ inclusive of all the suppliers/persons........

Sunil Kumar Jhawar (85 Points)
Replied 09 July 2017

only cash...if bank payment is less than 5000 ...will it applicable

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (178001 Points)
Replied 09 July 2017

Yes

Sunil Kumar Jhawar (85 Points)
Replied 25 July 2017

is it material wise or supplier wise..?

CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 25 July 2017

PER DAY 5000/-

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