it means:

Previously: As per Sec 9(4), Reverse Charge was applicable, Tax was to be paid by the Buyer, if he had purchased from Unregistered Dealers, for above Rs. 5,000 in a single day.

Now: Reverse Charge would not be applicable, Tax would not be charged by the Govt from the Buyer, If he purchases from Unregistered Dealers, for even above Rs 5,000 in a single day.

Note: This exemption will be available till 31 Mar 2018, but may extend further.

This is a relief to Small Dealers, as this was an extra burden on them.

But that does not mean this exemption is for Small Dealers only.

The decision does not discriminate among Dealers on the basis of Turnover, as far as RCM u/s 9(4) is concerned and as fas as i understand it.

As per the decision (Given Below) regarding RCM u/s 9(4) of 22nd Meeting of the GST Council, this exemption is applicable to all but most beneficial to small dealers. 

(The reverse charge mechanism under sub-section (4) of section 9 of the CGST Act, 2017 and under sub-section (4) of section 5 of the IGST Act, 2017 shall be suspended till 31.03.2018 and will be reviewed by a committee of experts. This will benefit small businesses and substantially reduce compliance costs.)___Source: https://pib.nic.in/newsite/PrintRelease.aspx?relid=171466

There is no official notification yet to this effect?

THE DATE IS NOT MENTIONED IN NOTICE BUT THT RCM SUSPENSION  EFFECT IS FROM 12 TH OCTOBER 2017

So RCM should pay till 12th October.

RCM on GTA,Advocate Fee and honorarium are still applicable..

RCM OF RENT OF IMMOVABLE PROPERTY  UNDER GST  IS WAIVED UNDER NEW NOTIFICATION OR NOT ?

Originally posted by : ankush
	RCM OF RENT OF IMMOVABLE PROPERTY  UNDER GST  IS WAIVED UNDER NEW NOTIFICATION OR NOT ?

waived

IS RENT OF IMMOVABLE PROPERTY  INCLUDED IN SECTION 9(4)

SUSPENDED TILL 31-03-2018

it has already been extended till 30th June 2018.