Regarding Rcm invoicing
This query is : Resolved
20 September 2022
If supplier is unregistered then we have to pay rcm by self invoicing + payment voucher so my question :
1. In payment voucher we have to mention tax amount ?
2. If Supplier is registered and purchased notified goods and services then who will issue tax invoice, what supplier has to issue and what we have to issue ?
3. When supplier issue receipt voucher then he has to mention tax amount?
1. In payment voucher we have to mention tax amount ?
2. If Supplier is registered and purchased notified goods and services then who will issue tax invoice, what supplier has to issue and what we have to issue ?
3. When supplier issue receipt voucher then he has to mention tax amount?
20 September 2022
1 Not required as tax paid under RCM.
2 Only supplier has to issue tax invoice.
No need for you to issue anything.
3 No need as he is issuing tax invoice.
2 Only supplier has to issue tax invoice.
No need for you to issue anything.
3 No need as he is issuing tax invoice.
20 September 2022
Ok sir so if supplier is registered then he will issue tax invoice (Mentioned with tax is paid under rcm) .. right?
20 September 2022
It's tax paid under forward charge not under RCM once registered.
20 September 2022
But sir what if specified services covered under rcm is supplied and supplier is registered?
20 September 2022
In such a case RCM applicable
21 September 2022
Ok sir thank you so much
21 September 2022
You are welcome......
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