banner_ad

Liability of Advance payment under RCM

This query is : Open 
Profile Image

Profile Image

(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
Profile Image

Lekhraj sood

Profile Image

Lekhraj sood (Expert)
02 January 2021 RCM liability arises on the date of payment.
Profile Image

Prem Chandra Thakur

Profile Image

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

Lekhraj sood

Profile Image

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

Prem Chandra Thakur

Profile Image

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


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details