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TaxBona, has boarded the Rocket-Ship called "GST" and we would like to invite you onboard. We promise to make this journey as the one you will look forward to...

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Next to Panchavati Hyundai Showroom,
Near ABB Circle, Mahatama Nagar,



Major relief announced for RCM

27 Jun 2017

Major relief announced for REVERSE CHARGE MECHANISM - 

Government has decided that a per day exemption of Rs. 5000/- will be given in case of inward supply from Unregistered suppliers.
For supplies above this a single monthly bill can be raised.

This is a big relief to registered tax payers as this exemption will reduce a lot of compliance burden.

Source of Information - Answer to tweets released on CBEC website

GST tweet FAQ refer to Query No. - 54 & 59

-- TEAM TaxBona...making GST easy!