For Example : Return Period January :- RCM Supplier has Late Submitted GSTR-1 on February 20th
Effect on Recipient GSTR-3B -- Not Reflected RCM Liabilities for January . But it will Reflect on February
( Kindly Note : RCM Invoice already Received by Recipient on January )
Question: 1) In Which Month Can Pay RCM Liabilities by Recipient --- January or February
2) In Which Month Can Avail ITC by Recipient -- January or February
For RCM, it is not a matter of discussion for liability as well as ITC of the same as both shall be considered in the month of January itself. There is no need to to wait for reflecting the same in GSTR-2A/2B & then file the same.
For RCM, it is not a matter of discussion for liability as well as ITC of the same as both shall be considered in the month of January itself. There is no need to to wait for reflecting the same in GSTR-2A/2B & then file the same.
For RCM, it is not a matter of discussion for liability as well as ITC of the same as both shall be considered in the month of January itself. There is no need to to wait for reflecting the same in GSTR-2A/2B & then file the same.
CAclubindia
