Purchase/Service From Urd


Uma Nair
watch_later 2 years, 4 months ago

DEAR SIR,

WE RECEIVED BILL STAFF WELFARE(TEA, NASHTA ETC)  FROM AN URD WITH THE AMOUNT OF RS. 9500/- FOR THE MONTH OF JULY-17.  HERE, WE SHOULD PAY 475/- ON REVERSE CHARGE MECHANISM?

 

EXPECTING YOUR HELP SOON.

UMA NAIR

  • chatComments
1 Answer

Pulkit Sharma watch_later 2 years, 4 months ago
arrow_drop_up
0
arrow_drop_down

Yes you need to pay tax under RCM. With this transaction is higher than daily limit of Rs. 5,000.

Also not that for foods and beverages there will no input credit available.

  • chatComments
    thank you sir for your help . - Uma Nair
Did Not get Answer?

Join the largest Taxation Q&A platform on internet and ASK YOUR OWN question.

Ask your Question

You need to be logged in to answer.

Ask Question