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Rcm query


Eshu (Accountant)     09 October 2017

Eshu
Accountant 
 29 points

| My Other Post

Sir,

I want to know that if i had purchase a transportation service from an unregistered dealer of rs. 70,000/- on bill under rcm & rs. 1500 other purchase in cash in same day.

rcm will be calculated on 71500/- or only 70000/-.

Pls. confirm.

Thanks

Eshu Kumar

avater

CA. Punith Harish (PRACTICING CHARTERED ACCOUNTANT)     09 October 2017

CA. Punith Harish
PRACTICING CHARTERED ACCOUNTANT 
 14 likes  445 points

View Profile | My Other Post

Rs. 5000/- limit is aggregate in a day not for transaction , so u need to pay tax on RCM on Rd. 71,500/- .
From 1st Oct it's not applicable ..


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