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Exemption limit of rs 5000

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 June 2017 Exemption of RCM of Rs 5000 is available day wise ? If i have purchased on 01/07/2017 Rs 4000 and on 02/07/2017 Rs 7000 then i will get exemption for purchase made on 01/07/2017 ?
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Amol S Joglekar

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Amol S Joglekar (Expert)
29 June 2017 yes... and for 2/7/2017, you will be paying GST as per RCM
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