Rcm Exemption Under Gst

watch_later 3 years, 6 months ago

If some one sale is 100000 laks per month how much Expense below 5000 per day  he can show under GST is their any limit what can be nature of expense

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1 Answer

GST Payer watch_later 3 years, 6 months ago

There is no limit per year. Limit is 5000 daily.

Whether it is expense or capital purchase limit is 5000.

In any day if you cross 5000 then tax needs to be paid under RCM.

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    thank you very much for your kind and generous help - vista academy
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