Rcm suspended under gst
This query is : Resolved
Rajendra Hegde
(Querist)
23 November 2017
Pls.explain rcm suspended with effect from 1st July 17 in respect of supplied from unregistered person or for all rcm?
23 November 2017
RCM suspended from 13th October 2017 for URD Inwards related....
Rajendra Hegde
(Querist)
23 November 2017
That means we hv to pay rcm from July to 12 Oct 17 for urd inward.
23 November 2017
Yes.. You are exactly correct.
Also You can avail the benefit of Rs. 5k /day ceiling limit...
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CA Shubhanshu Jain
(Expert)
24 November 2017
I just want to add little more to make clear under standing, RCM is charged in two ways
one under 9(3) i.e specified services
and
second 9(4) i.e unregistered person
So, RCM is suspended only for 9($) and that too from 13th october and not from 1st july
one under 9(3) i.e specified services
and
second 9(4) i.e unregistered person
So, RCM is suspended only for 9($) and that too from 13th october and not from 1st july
Message likes :
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RENGARAJ R.K
(Expert)
25 November 2017
The RCM under section 9 (4) is suspended from 13.10.2017 to 31.03.2018 only.
Rajendra Hegde
(Querist)
25 November 2017
For only goods or services or both?
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