RCM invoices in GSTR1
This query is : Resolved
09 November 2019
Dear All,
We are rending security services and we is to charge 18% before RCM. Now RCM has implemented so we do not charge GST. But we say RCM "yes" in invoice.
Same I want to upload in GSTR1. How shall I upload?
Option -1
Tick yes to RCM and put taxable value at 0%, then file the return
OR
Option-2
Tick yes to RCM and put taxable value under 18%, because actual rate of security charges is 18%.
Please let me know which option I need to follow.
We are rending security services and we is to charge 18% before RCM. Now RCM has implemented so we do not charge GST. But we say RCM "yes" in invoice.
Same I want to upload in GSTR1. How shall I upload?
Option -1
Tick yes to RCM and put taxable value at 0%, then file the return
OR
Option-2
Tick yes to RCM and put taxable value under 18%, because actual rate of security charges is 18%.
Please let me know which option I need to follow.
26 November 2019
The correct method is to mention the rate of tax as 18% and mention Yes under RCM.
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