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Dear Sir,
Whether threshold limit of Rs. 20.0 Lacs is applicable for professional service provider (CA/CS/ICWA etc.)
If a professional service provider registered under GST, but gross receipt of Rs. 20.0 Lacs does not exceed in previous year then whether they have to charge GST.
If Professional registered under GST but don’t charge GST in their invoice due to exemption of threshold limit, whether RCM applicable to recipient of services.
Replies (1)
Yes threshold limit of Rs. 20.0 Lacs is applicable for professional service provider.
Yes ! If a professional service provider registered under GST, but gross receipt of Rs. 20.0 Lacs does not exceed in a year then, yes they have to charge GST.
RCM is applicable to recipient of services only in case of non registration of servcice provider.
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