TaxTMI 
TaxTMI 
REVERSE CHARGE - THRESHOLD EXEMPTION
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....EVERSE CHARGE - THRESHOLD EXEMPTION<br> Query (Issue) Started By: - MARIAPPAN GOVINDARAJAN Dated:- 25-7-2017 Last Reply Date:- 26-7-2017 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>Vide No....
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....tification 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....
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.... 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? Reply By KAS....
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....TURI 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 ....
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....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: Interstate Supply is not possib....
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....le 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 unre....
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....gistered buyer. 5000 scheme is also applicable Reply By Kishan Barai: The Reply: True, no issue with purchase. Restrictions apply on Interstate Supply. Reply By HimansuSekhar Sha: The Reply: Yes....
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.... sir<br> Discussion Forum - Knowledge Sharing ....