Regarding RCM & FCM
This query is : Resolved
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Suresh S. Tejwani
(Querist)
08 December 2023
ANY ONE GSTIN HOLDER PARTY CAN DO BOTH BUSUNESS (RCM & FCM) TOGETHER ??
08 December 2023
yes, both business activities possible. (but ITC follow up is difficult.)
15 January 2024
As per my understanding On RCM, we need to pay the taxes and simultaneously claim the same as ITC in 3B while ITC needs to be tracked in 2B for FCM cases.
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