RCM Exception
This query is : Resolved
25 July 2017
Dear sir, we request you kindly explain the RCM Exception limit Rs 5000/- per day, is it applicable for single vendor or all the vendors cumulative payment. My doubt is can I pay Rs 5000/- each cash payment for 4 vendors total Rs 20,000/- in a day. Kindly explain is it all the payments restricted to Rs 5000/- per day
CA Shubhanshu Jain
(Expert)
25 July 2017
Limit of Rs 5000 is for supplies from ALL unregistered vendors in a day.
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