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RCM limit 5000 per day can be taken as monthly 150000?
Suppose I am a registered contractor and receive input services from unregistered sub contractor. Payment is made on end of the month which amounts to rs. 60000 every month. should I have to pay GST on RCM basis or avail 5000 per day exemption as taken on monthly basis?
Replies (2)
RCM IS LIMIT IS 5000 per day.. U can't take it as monthly basis
it's not as per rule.can not do.
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