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Gst rcm clarfy

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vishnuvidhu

staff

101 Points Posted on 23 July 2019

1.we paid rent for godown that party is gst registered party, but party not filing return. in future so we will paid rcm method is correct or not.
2. we paid rent for godown that party is unregistered party( not govt ), so we will paid rcm is must.?

Replies (2)

CA Sanjay Kumar Maharana

SENIOR OFFICER(ACCT)

124 Points Posted on 23 July 2019

In first case thr Party is regustered party.He has to Raise GST Tax invoice and no RCM. In 2nd case no RCM as RCM for supply from unregistered party is exempted till 30.09.2019

Shivam RC

Student

7666 Points Posted on 12 October 2019

FOR INFORMATION PURPOSE ONLY :

Filing of Annual Return ( GSTR-9 ) has been made "OPTIONAL" for Taxpayers whose Aggregate Turnover is upto Rs. 2 crore. Notification No. 47/2019 - CT, dated 09.10.2019 has been issued to give effect the above decision.

So if your Aggregate Turnover is upto Rs. 2 crore, then it is optional from your part to file Annual Return for FY 2017-18 and FY 2018-19.

And if you want to file Annual Return, then the due date to file FORM GSTR-9 for FY 2017-18 is " 30.11.2019. "