Rcm (reverse charge mechanism)
This query is : Resolved
05 May 2018
Should I have to pay RCM if I have purchased some goods or service from unregistered dealer through cheque? Either I will purchase under Rs. 5000.00 or more than 5000.00. As you know the threshold limit of cash purchase under GST is Rs. 5000.00.
Please describe.
Please describe.
05 May 2018
No RCM on such purchases till 30th June 2018.
05 May 2018
Sir please describe.
05 May 2018
Due difficulties faced by dealers GST council suspended the applicability of RCM on purchases from unregistered dealers till 30th June 2018.
05 May 2018
Either I will purchase through cheque or cash??? And Under 5000.00 or More Than 5000.00???
05 May 2018
Up to 10,000 you can purchase through cash.
05 May 2018
And what about through cheque from unregistered dealer???
05 May 2018
For Cheque payment also RCM not applicable till 30th June 2018
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