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Clarification of mention the reverse charge in Invoice

RCM 333 views 1 replies
As per prescribed draft of Gst Invoicing, Column of amount of Tax subject to Reverse Charge is mandatory in Invoice, but what is the role in this Invoice because we are registered dealer and we are paying all taxes against all supplies of goods rather than buyer is registered or unregistered? & Reverse charges is applicable on recipient of goods.
Replies (1)

If we mention  yes in the column we are informing the buyer that tax is to be payable by you. Otherwide we charge the tax from the customer.Because there may be some notified goods or services on which RCM is applicable.


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