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Rcm in expenses

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(Querist)
19 September 2017 All dear Sir if cheque paid to any person ( he is taxi owner and give car to our cab co.and we pay cheque in monthly basis and he is unregistered person) then should i have to pay tax under RCM ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
19 September 2017 You have to pay GST under RCM.
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RAJA P M

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RAJA P M (Expert)
19 September 2017 Yes. RCM applicable... The 5k limit means not only cash it's also includes bank payments... Exact solution is, You / We received inward supplies from URD and it's above 5k then we ll be pay Tax under RCM basis....
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