Hello Experts,
Greetings for the day!!!!
What if and Intertrasactions done between URD and RD.
Example: One of My client is stayed in Bihar and vendor is from West Bengal,
he took service in Bihar and same purchase invoice booked. but by GST LAW its wrong transactions.
please advice what will happend in this case. and suggestion for the same.
and also
what if the the service is under RCM with same vendor and same state.
Looking forward for your reply.
GST to be paid under RCM for input supplies form Un-Regiestered Dealer (URD) under inter-state transaction without any limit.
for intra-state (within the state) transactions, the limit will be Rs.5,000 in a day from all URD's
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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