A person having 2 GSTIN in same state one with center jurisdiction other in state jurisdiction. In both of the firm transportation service has been provided. However he has filed Annexure V opting for FCM @ 12% in only 1 GSTIN. He want to continue RCM billing in his 2nd firm and FCM @ 12% in 1 firm.
is this legal as per law. please provide notification or circular reference.
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GTA RCM and FCM
Replies (2)
It's not legal. your choice cannot be on the basis of registration at Central and State. choice is yours pan wise and business wise.
Each GSTIN can separately opt for FCM or RCM. I don't see any restriction.
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