Rcm applicability on expenses

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Sandipan Dutta

Sandipan Dutta (Querist)
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07 August 2017 Let us us RCM applicability for goods / services purchased from unregistered tax payers ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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07 August 2017 Up to 5000 per day is exempt from RCM on purchase from unregistered dealer.

Sandipan Dutta

Sandipan Dutta (Querist)
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07 August 2017 Thanks for your information.

Rs. 5000.00 in a same head or in total per day ?
if paid by cheque or fund transfer, what will be tax incidence ?

Let me know tax liability in following cases:

In a same day, a company spent
1. Salary / wages Rs. 9000.00
2. Conveyance Rs. 2000.00
4. Electricity Rs. 7000.00

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 August 2017 5000 total per day.
GST not applicable on salary payment.
GST not applicable on electricity.
GST not applicable on public conveyance.

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