Cash Limit / RCM
This query is : Resolved
sankar ponnan
(Querist)
18 March 2021
SIR- This is a GTA (Pvt Ltd) registered under GST.
We are receiving the bills on repairing charges for trucks from the service providers. The bill value will be Rs.5,000/- to Rs.20,000/- per day for a truck. They do not charge any GST on the repairing charges.
My doubts are,
1] Can we pay Rs.5000/- and above by cash for repairing works in case the service providers are not covered under GST?
2] Will RCM applicable?
3] Can we pay the repairing charges by cash voucher in case if they do not issue the bills?
Plz guide us
Thanks in advance
We are receiving the bills on repairing charges for trucks from the service providers. The bill value will be Rs.5,000/- to Rs.20,000/- per day for a truck. They do not charge any GST on the repairing charges.
My doubts are,
1] Can we pay Rs.5000/- and above by cash for repairing works in case the service providers are not covered under GST?
2] Will RCM applicable?
3] Can we pay the repairing charges by cash voucher in case if they do not issue the bills?
Plz guide us
Thanks in advance
CA R SEETHARAMAN
(Expert)
18 March 2021
1 Pay cash payment not exceeding Rs 10000 per day.
2 RCM not applicable.
3 yes you can pay through cash voucher.
2 RCM not applicable.
3 yes you can pay through cash voucher.
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