Goods and Services Tax – Started By: – Mayuri Shete – Dated:- 13-9-2017 Last Replied Date:- 16-9-2017 – daily limit of an expense from URD do not cross the limit of ₹ 5000/- but if we are paying it on monthly basis GST applicable? like water tanker service availed per day are below 5000/- but same is paid at the end of the month which cross the limit of 5000/- please advise. – Reply By Himansu Sekhar – The Reply = There will be no tax. But please check this limit is the aggregate of all urd expenses, not for single bill of a day. – Reply By Ganeshan Kalyani – The Reply = If you are paying water charges on daily basis based on the invoice issued by the water supplier on daily basis then GST is not applicable. If paid on monthly basis
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ve seen several tweets by cbec in this regard. – Reply By KASTURI SETHI – The Reply = Dear Himanshu Ji,. What is legal status ? Make search and clarify. Thanks. – Reply By MARIAPPAN GOVINDARAJAN – The Reply = The threshold limit for expenses from unregistered dealer is ₹ 5000/-. It is applicable to each day of the month. Invoice is to be received on each day. If you receives invoices on monthly basis then GST will attract on reverse charge basis. – Reply By Ganeshan Kalyani – The Reply = Sri Kasturi Sir and Sri Himansu Ji, i fully agree with both of you, an experts. I too have seen in tweet it was mentioned that credit of the tax paid under reverse charge can be claimed in the same month. However, it is worth appreciation that tweet i
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