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Threshold limit upto which Reverse charge is exempt

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Student
24 Points Posted on 19 July 2018
What is tha threshold limit upto which registered person is exemted from paying tax on inward supply from unregistered person?
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On 19 July 2018 at 21:28 Report
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103 Points Posted on 19 July 2018
earlier limit was 5000 per day.... but as of today... RCM Has been suspended
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On 19 July 2018 at 21:34
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Student
24 Points Posted on 19 July 2018
it mean registered person is not liable to any tax currently under RCM
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On 19 July 2018 at 21:38
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GST Practitioner
55067 Points Posted on 19 July 2018

No. RCM if  inward supply is from URD,... but if you are availing Services from person falling under section 9(3) ie GTA, Advocate Etc then RCM has to be done

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On 19 July 2018 at 22:39
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24196 Points Posted on 20 July 2018
RCM on inward supplies from URD is deferred to 30/09/2018, but Services covered under section 9(3) ie GTA, Advocate Services when avail , the RCM has to be done .

Section 9(4) is deferred
Section 9(3) is applicable 
161 Reply
On 20 July 2018 at 00:10


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