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Reverse charge mechanism.

RCM 218 views 3 replies
Is there any specified limit for expenses to be paid under reverse charge mechanism. For ex- My daily expenses are 800 or 900 from unregistered dealers, i am liable to pay gst on this amount?
Replies (3)

No, as long as total supplies from unreg. dealers in a day is up to 5,000 rupees.

but sir exemption is for cgst and not sgst
as per act
If you read state GST acts, you'll find that the exemption notification under CGST act also applies to SGST.


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