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GST ONE RCM AND ONE FCM under same PAN

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Srinivas

CA in Practise

248 Points Posted on 05 September 2020

Dear All

We are aware by the decisions of 20th GST council meet that a GTA can't opt for both FCM and RCM simultaneously. My question can i take 2 registration one for RCM and one for FCM. Vehicles will not be interchanged. both will have separate vehicles, separate clients and separate bank accounts and even 2 registrations are in 2 different states.

Thanks in Advance

CA Srinivas V H

Replies (5)

Quick Summary

This discussion explores the possibility of operating under both Forward Charge Mechanism (FCM) and Reverse Charge Mechanism (RCM) for GST on GTA services, despite the 20th GST council decision prohibiting simultaneous opt-in on a single registration. The consensus suggests that having two separate GST registrations, potentially in different states with distinct vehicles, clients, and bank accounts, could be permissible. However, operating both FCM and RCM under a single registration, even in different states, is generally considered against the spirit of the GST council's decision.

Jamil Ahmed

615 Points Posted on 05 September 2020

In my opinion, 2 registrations in 2 different states can be taken but not in the same state as this will be against the essence of the decision taken by GST Council.

Taha

405 Points Posted on 05 September 2020

Yes can be taken

Srinivas

CA in Practise

248 Points Posted on 05 September 2020

Dear Taha

is their any specific prohibition by GST dept for regn. in different state with different inputs. we know it can't be happen on a single registration.

Thanks