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Rs 5000.00 exemption rule

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23 Points Posted on 10 July 2017
can one can explain rule of Rs 5000.00 limit per day for which no rcm applicable. for which type of expense and purchase.
Ajay
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On 10 July 2017 at 08:48 Report
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audit manager
7 Points Posted on 10 July 2017
From unregistered dealer
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On 10 July 2017 at 09:05
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342 Points Posted on 10 July 2017
from un register or from composition person like chaye wala.paper wala. or small shop purchase...u can get 5000 limit per day...if purchase above it you need to be in rcm...and if from gst holder u will get itc
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On 10 July 2017 at 09:09
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23 Points Posted on 10 July 2017
thank you
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On 10 July 2017 at 09:57


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