Rcm deducted limit
AJAY KUMAR (accountant) (213 Points)
31 July 2019
what is the limit of deducted rcm in gst
AJAY KUMAR (accountant) (213 Points)
31 July 2019
AJAY KUMAR
(accountant)
(213 Points)
Replied 01 August 2019
Pankaj Rawat
(GST Practitioner)
(55032 Points)
Replied 01 August 2019
CA Haritha Komma
(Chartered Accountant)
(1147 Points)
Replied 01 August 2019
Please elaborate the query..
GST under RCM to be paid in addition to vendor bill but not to be deducted from his bill and balance to be paid.
Eg: 1000 is Vendor bill.
Assuming GST under RCM @ 18% is 180.
The amount to be paid to vendor is 1000 and GST under RCM to be paid is 180.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
