TMI BlogREVERSE CHARGE - THRESHOLD EXEMPTIONX X X X Extracts X X X X X X X X Extracts X X X X ..... Vide Notification No. 8/2-17-Central tax (Rate), dated 28.06.2017 the Central Government fixed the threshold limit of ₹ 5,000/- per day on the value of supplies of goods or services or both received by a registered person from any or all the suppliers, who is or not registered. This exemption is applicable to intra-State supplies. Whether it is applicable also to inter-State supplies? - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply By KASTURI SETHI - The Reply = Sir, In my view, such exemption is not applicable to inter-state supplies. If it is an intent of Govt. to allow such exemption to inter-State supplies, a separate notification is required to be issued. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = I am also in the view. However I want to confirm. Thanks sir - Reply By Kishan Barai - The Reply = Inter ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... state Supply is not possible without GST Registration , any URD can't do interstate Supply - Reply By HimansuSekhar Sha - The Reply = But there is no limitation for the registered buyer to purchase goods from interstate unregistered buyer. 5000 scheme is also applicable - Reply By Kishan Barai - The Reply = True, no issue with purchase. Restrictions apply on Interstate Supply. - Reply B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y HimansuSekhar Sha - The Reply = Yes sir - REVERSE CHARGE - THRESHOLD EXEMPTION - Query Started By: - MARIAPPAN GOVINDARAJAN Dated:- 25-7-2017 Goods and Services Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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