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Rcm (reverse charge mechanism)

This query is : Resolved 
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(Querist)
05 May 2018 Should I have to pay RCM if I have purchased some goods or service from registered dealer through cash amount Rs. 5000 and above? As you know the threshold limit of cash purchase under GST is Rs. 5000.00
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
13 May 2018 Reverse charge on supplies by an unregistered person to a registered person has been further exempted till 30th June, 2018. So RCM is not applicable on this transaction.
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