22 August 2017
Dear Sir , I want to know that in 5000/- daily limit of indirect expenses for rcm freight paid to gta or private auto owner is countable.
for example i purchased stationery of rs 4500 from unregistered dealer and also paid freight 2500 on the same day. ( but i am paying gst @ 5 % under rcm on freight )
so my q. is my purchase of rs 4500 is exempted because it is under 5000 or it will also be taxable because of 2500 /- paid as freight on that day.
CAclubindia
