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Invoice under RCM

RCM 416 views 5 replies
Is service provider providing services subject to RCM has to show the GST amount and rate in their invoice..?
As the liability to pay GST is not by the service provider.
Replies (5)
No,
the persin whose Output taxable supply falls under RCM then supplier shall not indicate the tax amt...
Yes have show rate of Tax , As per section 31, read with Rule 52 , the person paying tax under section 9(3)(4), is liable issue self tax invoice & payment voucher , shall contain following particular:
Name Address
Serial No.
date
name & Address of Recepient
Descripttion ,of Goods
RATE of Tax
POS
Thank you Sir @ Saket Mishra
How the service provider has to disclose the invoice details in GSTR 1 in 4B as there will be no GST in the invoice...?
I mean how much amount to be shown in the taxable value and invoice value..?
Eg:If freight charged is Rs. 5000, then
taxable value be 5000 and invoice value should be 5000 or 5000+gst...?


And which rate has to be selected for tax as for GTA is 5% or else 0% is to be selected as there is no liability for the service provider ...?

DEAR SAI TEJA

SORRY I MISREAD YOU QUERY , YES THE SUPPLIER HAS TO REPORT IN GSTR 1 , UNDER B2B TABLE

CAN SHOW 5000/- IN NOTE VALUE & IN TAXABLE VALUE .  CLICK CHECK BOX FOR RCM THEREON

Thank you Sir @ Pankaj Rawat
No problem.

Whethet the GTA has to select the GST rate and if yes, which rate has to be selected...?


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