Procedure of itc avail on rcm

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

04 August 2017 RESPECTED SIR / MADAM,
SUPPOSE ABC MANUFACTURING CO. (GST REGISTER) GETTING LABOUR CHARGES BILL WITH GST 18% FROM GST REGISTER COMPANY DUE TO PROCESSING THE MATERIAL... SIMILARLY ABC CO. ALSO GETTING LABOUR CHARGES BILL FORM UNREGISTER COMPANY.

MY QUERIES IS:
1) LABOUR CHARGES FROM REGISTER COMPANY, WILL IT CHARGE AS A RCM.

2) LABOUR CHARGES BILL GETTING FROM UNREGISTER COMPANY, CAN I CHARGE IT GST @ 18% AS A SERVICE FROM IT ON RCM BASIS.

3) HOW IT WILL FULLY PROCEDURE FOR PAYMENT ON RCM & TAKING INPUT ALSO. IS THERE ANY DOCUMENT REQUIRED FOR RCM DUTY PAID.

PLEASE HELP ME...

RAJA P M

RAJA P M (Expert)
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04 August 2017 If you received service from URD then ll be pay Tax under RCM. If you can create self invoices for received supplies from URD.... When you received supplies from URD pay TAX at the time of receiving supplies..... After the return you ll be get ITC on as per the taxes paid.....

Querist : Anonymous

Querist : Anonymous (Querist)

04 August 2017 1) As per your reply, what gst rate will be chargeable against unregister co's labour bill for RCM.
2) Is it necessary Self Invoice creation against labour charges bill from gst register company.

RAJA P M

RAJA P M (Expert)
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04 August 2017 1. GST @18%. (already you said it) 2. It's not mandatory for self invoice creation. But, this is fully help for tax calculations and future reference. The self invoice create only for yourself use. Not to given anybody.....

Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2017 ok many many thanks...

One more query is that suppose a manufacturing printing co. manufacture full printing process (including purchase materials, design etc) as per requirement of buyer...then what gst rate will be applicable when i issue a printing bill to buyer??

Please help me...

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