What is the Minimum Limit now to charge RCM on Freight Bill ( Without GST). Before now cut off limit was 750/- rupees.
So now it is the same as per earlier or it has changed now.
Please revert.
Thanks.
Replies (3)
Quick Summary
This discussion clarifies the current threshold for Reverse Charge Mechanism (RCM) on freight bills, specifically concerning the withdrawal of a previous exemption. The exemption was removed via Notification 04/2022 - Central Tax Rate, effective from 18th July 2022. You can find this official notification on the CBIC website under the GST section.