RCM if UND Vendor repeats many times with less than 5k per transation

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..... Dear Experts, If we purchase from UNR person, received a bill for ₹ 4000, same day there was no others unregistered supplies made on that particular day. and another day he raised bill for 4500 .....

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..... , same day no other transaction was made. like this he raised bill overal in a month amounts to ₹ 35,000/-. Does this transaction attracts RCM on consolidated basis on vendor wise on month end/w .....

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..... eek end basis ? - Reply By HimansuSekhar Sha - The Reply = The transaction if less than ₹ 5000/- per day, no GST - Reply By KASTURI SETHI - The Reply = The sword of GST liability is on rece .....

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..... iver. - Reply By CA.Tarun Agarwalla - The Reply = It is true that it is out if tax net. However payment voucher to be prepared . - RCM if UND Vendor repeats many times with less than 5k per trans .....

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..... ation - Query Started By: - RameshBabu Kari Dated:- 1-8-2017 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax .....

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..... Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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