reverse charge mechanism
This query is : Resolved
Pravin Purohit
(Querist)
15 August 2017
If i have received services from one unregistered dealer twice in a month of Rs.4500 each, and i pay that person 9000 all together at the end of the month. Will i be liable to pay tax under RCM???
CA Suresh Jain
(Expert)
15 August 2017
No, you won't be liable for RCM. it is not per person, it is pay day limit of Rs. 5,000.00 from one or more suppliers
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