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This query is : Resolved
19 June 2017
Dear Sir,
Whether threshold limit of Rs. 20.0 Lacs is applicable for professional service provider (CA/CS/ICWA etc.)
If a professional service provider registered under GST, but gross receipt of Rs. 20.0 Lacs does not exceed in previous year then whether they have to charge GST.
If Professional registered under GST but don’t charge GST in their invoice due to exemption of threshold limit, whether RCM applicable to recipient of services.
Whether threshold limit of Rs. 20.0 Lacs is applicable for professional service provider (CA/CS/ICWA etc.)
If a professional service provider registered under GST, but gross receipt of Rs. 20.0 Lacs does not exceed in previous year then whether they have to charge GST.
If Professional registered under GST but don’t charge GST in their invoice due to exemption of threshold limit, whether RCM applicable to recipient of services.
CA R SEETHARAMAN
(Expert)
19 June 2017
Threshold limit of Rs. 20.0 Lacs is applicable for professional service provider (CA/CS/ICWA etc.). Professional registered under GST has to charge GST in their invoice irrespective of their turnover. RCM applicable when service is received from un registered service provider.
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