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Rcm is applicable above 5000/- expenditure

This query is : Resolved 

07 November 2017 Sir.
RCM IS APPLICABLE ABOVE 5000/- EXPENDITURE, IN RENT/LEASE PAID EVERY MONTH 56000/-,IN RCM APPLICABLE TO ABOVE 5000/- EXP IN A DAY? PER YEAR(56000*12)=672000/-AS PER GST RENT GUIDLIENCES BELOW 20LAKHS GST NOT APPLICABLE BUT IN RCM ABOVE 5000/- EXPENDITURE GST APPLICABLE?

PLEASE CLARIFY THIS CONFUSION .

07 November 2017 20L limit is for the income, if you have taken the GST reg, then only the RCM liability u/s 9(4) attracts to you.

07 November 2017 RCM u/s 9(4) not applicable from 13th October 2017. Above 5000 cases no need to pay GST under RCM.

07 November 2017 RCM not applicable sec 9(4) of CGST act from 13/10/2017.
Also the rental (URD) is under the section 9(4)...


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