Buyer issues RCM invoice for Professional services (Software)

Yes IT consultancy is not eligible for RCM. Register for GST and file GST return from the month when you crossed the threshold limit.

If I register now and pay GST, will there be any interest or penalty?

Buyer mentioned RCM in purchase order, is there any legal way to collect GST from buyer, as they specifically mentioned RCM is applicable on this.

@ Kumar S,

What is Your actual service...??!

@ RAJA

It is IT consulting services, I came to know that RCM is not applicable for this, but buyer specifically mentioned that GST is liable to RCM, so I didn't get GST registration.

PO is a legal document, is there any way I can still collect GST from buyer based in incorrect PO.

Whats done is done. The financial year is over and all filings are done. No buyer will entertain such gst collection requests more so when they are not going to get credit it for either.

So this is an open issue for you frankly.

Start complying from the upcoming financial year or immediately.

Rgds
CA. Raj Doshi
R C D & Co.
Chartered Accountants
Kandivali West,Mumbai

Rgds
CA. Raj Doshi
R C D & Co.
Chartered Accountants
Kandivali West,Mumbai

You should get yourself registered and pay GST since you crossed the threshold limit to avoid the burden of interest and penalty.

My advise:- forgot about pasting things....

Now, take GST Registration and start to collect GST from your client on FCM basis & pay to govt.

@ Kumar S,

- Discuss the details with Your client and ask po without notifying the RCM.

- Take GST registration and continue the service as FCM mode.

Thank you all for your advises, I am worried about receiving GST notice that to in coming years, which will be with interest and penality. After all, this happened with my limited GST knowledge and incorrect PO by buyer which says RCM.

Planning to stop my consulting services and to find some job with fixed pay.

Originally posted by : Kumar S
	Thank you all for your advises, I am worried about receiving GST notice that to in coming years, which will be with interest and penality. After all, this happened with my limited GST knowledge and incorrect PO by buyer which says RCM. Planning to stop my consulting services and to find some job with fixed pay.

This is not a good decision...

Originally posted by : Kumar S
	Thank you all for your advises, I am worried about receiving GST notice that to in coming years, which will be with interest and penality. After all, this happened with my limited GST knowledge and incorrect PO by buyer which says RCM. Planning to stop my consulting services and to find some job with fixed pay.

This is not a good decision...