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Reverse charge

RCM 229 views 3 replies
Good Morning Everyone.
I had a car on lease for which I am paying 12000 expenses from my shop for that I have to pay reverse charge or not
Replies (3)

Mr Ali

reverse charge under secton 9(4 ) of the CGST act 2017 is suspended for the period  form 13/10/2017 to 31/3/2018 . as per the notification on 13/10/2017

IF YOU ARE REGISTERED THEN YES YOU HAVE TO PAY FROM JULY TO SEPTEMBER 2017 UNDER RCM

Yes ,  if you purchase form unregistered  more than 5000/-  RCM  is aplicable form july  to 13th oct 2017


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