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GST QUERY
If a company has branches in different States and having different GST regn no., whether the limit of Rs.5000.00 for purchasing from unregistered dealers(reverse charge) is to be considered individually for each branches or the company as a whole.
Replies (2)
Hi,
As per Notification No. 08/2017-Central Tax (Rate) dated 28.06.2017, a complete exemption is provided to intra-state supplies of goods or services or both received by a registered person from unregistered supplier if the aggregate value of such supplies of goods or services or both received by a registered person from any or all the suppliers, who is or are not registered, does not exceed five thousand rupees in a day.
The exemption limit of Rs. 5000/- is applicable for registration taken in each State and not PAN wise, otherwise the provision will be rendered as redundant.
And this is till 30-06-18 only
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