Liability of Advance payment under RCM

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This discussion clarifies the Goods and Services Tax (GST) liability for advance payments made to Goods Transport Agencies (GTA) and advocates under the Reverse Charge Mechanism (RCM). While RCM liability generally arises on the date of payment, the key question is how to report these transactions in GSTR-1. The consensus is that when GST is paid, it must be declared, although the specific column for reporting advance RCM payments in GSTR-1 requires further clarification.

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(Querist)
02 January 2021 Dear Expert ,

We are service recipient. we are liable to discharge liability under the RCM against payment made in advance to GTA and Advocate.

kindly guide us Whether it will be shown in GSTR-1. Advance receipt is given for FCM not for RCM

Thanks & Regards
Prem Chandra Thakur
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Lekhraj sood

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Lekhraj sood (Expert)
02 January 2021 RCM liability arises on the date of payment.
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Prem Chandra Thakur

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Prem Chandra Thakur (Querist)
03 January 2021 Thanks but question is whether it will be shown in GSTR-1 or not.
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Lekhraj sood

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Lekhraj sood (Expert)
03 January 2021 Yes , when gst is paid then it has to be shown.
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Prem Chandra Thakur

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Prem Chandra Thakur (Querist)
04 January 2021 in GSTR-1 under which column it would be shown. Advance receipt is given for FCM not for RCM.
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