Rs.5000 Exemption limit on RCM

This was mentioned in a notification and this RCM has been deferred now.

 Notification no.18/2017-Central Tax date 28/06/2017. 

Extract

Provided that the said exemption shall not be applicable where the aggregate value of such supplies of goods or service or both received by a registered person from any or all the suppliers, who is or are not registered, exceeds five thousand rupees in a day.