Should I charge RCM on spend Rs.5000/day (Rs.1,50,000 per month)?

One person spend Rs.5000 perday to avoid reverse charge but at the end of month he has spend Rs.1,50,000/- means (5000*30 ) he has to charge reverse tax on 150000/ or not and also he must show this in 3b or GSTR2 while filing the return or not ?

Asked on September 10, 2017 in Miscellaneous.
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1 Answer(s)

As the spent amount is not exceed Rs. 5000/- then not required to pay tax under RCM. details of the Inward supplies liable to reverse charge is required to be provided in GSTR-3B and GSTR-2. So in the given case not required to provide.

Answered on September 10, 2017.
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Gen GST