banner_ad

Rcm deducted limit

RCM 260 views 4 replies
what is the limit of deducted rcm in gst
Replies (4)
Can you elaborate your query
how much bill amount to liable to deduct rcm
kindly mention the Services availed.

As per Notification 12/2017 CT (R)

Transport of any goods, where the gross amount charged for transportation for a consignment transported in a single carriage does not exceed Rs. 1,500/- is Exempted

Transport of any goods, where consideration charged for transportation of all such goods for a single consignee does not exceed Rs. 750/- is Exempted

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.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details