RCM INVOICE FOR GST
This query is : Resolved
k.b.nagesharao
(Querist)
28 July 2022
Dear Sirs,
If we rise Residential unit invoice with rcm we have to pay the tax or we have to rise simple invoice with all details with narration with reverse charge applicable.
Thanks in advance,
K.B.Nagesha Rao.
If we rise Residential unit invoice with rcm we have to pay the tax or we have to rise simple invoice with all details with narration with reverse charge applicable.
Thanks in advance,
K.B.Nagesha Rao.
Dhirajlal Rambhia
(Expert)
28 July 2022
Yes. The recipient has to discharge the Tax Liability through Electronic Cash Ledger & he can receive the Credit claimed in the Electronic Credit Ledger.
Recipients those are liable to RCM need to be pay the GST as per the usual tax rates, directly to the government via Form GSTR-3B.
Recipients those are liable to RCM need to be pay the GST as per the usual tax rates, directly to the government via Form GSTR-3B.
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