GST PAYABLE ON LABOUR CHARGES PAID TO UNREGISTERED GOLD SMITH. IF RS 5000/- IS EXEMPTED FROM REVERSE CHARGE OR ANY AMENDMENTS REGARDING THRESHOLD LIMIT OF REVERSE CHARGES APPLICABLE.
BUT HERE SOME PEOPLE ARE SAYING RCM PAYABLE ON PURCHASE OR SERVICE RECEIVED BY UNREGISTERED DEALERS. IS THERE ANY NOTIFICATION ON THAT MA'M. LESS THAN RS 5000/- NOT ATTRACT RCM WHICH ARE THE GOODS AND SERVICES NOT ATTRACT RCM.
19 February 2024
CBEC has issued Notification No. 38/2017 – Central Tax (Rate) dated 13.10.2017 providing exemption to registered persons from paying CGST under reverse charge on supply of goods or services from unregistered person to registered person
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