Chartered accountant services

Save Share

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

12 September 2017 HELLO,
I AM A CA AND PROVIDING FINANCIAL CONSULTANCY SERVICES TO REGISTERED BUSINESS ENTITY WITH IN STATE. AS I AM NOT COVERED UNDER GST THRESHOLD LIMIT THEIR IS NO NEED TO GET GSTIN. BUT, MY QUESTION IS WHETHER AT THE TIME OF MAKING PAYMENT OF SERVICES TO ME THE RECIPIENT IS LIABLE TO PAY TAX UNDER RCM OR NOT BECAUSE THE CA SERVICES ARE NOT COVERED UNDER RCM REGIME AND IF YES , THEN HOW THE INVOICE WILL BE ISSUED BY THE RECIPIENT ??

PLEASE CONFIRM AS SOON AS POSSIBLE.

HEMANT MISHRA

HEMANT MISHRA (Expert)

12 September 2017 As you said, you are under threshold limit,might be possible you are not registered under GST.
Answer to your question is :-
You just need to raise invoice without any taxes. Service receipt will book the invoice under RCM and they will get the credit of that tax amount which they had paid on your behalf. also service recipient will raise the self invoice in case of RCM.

I hope it is clear.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

18 September 2017 Thanks a lot Hemant Mishra... If I should raise a invoice then how i will raise invoice? That too without Tax.
(You just need to raise invoice without any taxes. Read more at: https://www.caclubindia.com/experts/chartered-accountant-services-2568674.asp)
Please clear one thing Self Invoice means the recipient will make invoice in his/her name only.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now