Expenses

This query is : Open

MOHAMMAD ASLAM (Querist)
Follow

06 October 2017 Which amount chargeable for GST 5%,12% and 18%
I mean to say Is less than 5000.00 chargeable in gst as 18%?

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

06 October 2017 at the same rate had it been under GST.

RAJA P M

RAJA P M (Expert)
Follow

06 October 2017 I agreed with Our Expert Mr Amol S Joglekar Sir., Less than 5k /day expenses is not taxable under GST for the relaxation... Otherwise it's exceeding the 5k You ll be pay Tax under RCM basis for the Items / Supplies GST Rate. No more changes made the GST rate of Tax...

MOHAMMAD ASLAM

MOHAMMAD ASLAM (Querist)
Follow

06 October 2017 But if amount less then 5k is taxable 18% under GST RCM. Goods. Service and other exp.
Please reply

RAJA P M

RAJA P M (Expert)
Follow

06 October 2017 Actually you are confused and Make we as Confusing....

Please explain your understanding by the 5k limit...

We / GSTN are says less than 5000 URD related inwards can't applicable Tax.
But, You says it's 18% tax. Then what is your exact Query / Confusion / Your Doubt...?

MOHAMMAD ASLAM

MOHAMMAD ASLAM (Querist)
Follow

13 October 2017 But I got to know section 9(3) says that less than 5000 is taxable 18% under gst

RAJA P M

RAJA P M (Expert)
Follow

13 October 2017 Yes... Sec 9(3) related activities RCM is applicable ... Sec 9(4) related activities RCM can't applicable....

MOHAMMAD ASLAM

MOHAMMAD ASLAM (Querist)
Follow

20 October 2017 Thakyou Mr Raja for helping me

RAJA P M

RAJA P M (Expert)
Follow

20 October 2017 You are welcome