ITC for the RCM amount paid

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I am not able to avail ITC for the RCM amount paid for the month of December 2020. During the return filing, when i claim the ITC its showing as red. Please advise.
Replies (3)

1) For  RCM  you have  to prepare  Self  Invoice as per section 31(3) (f)  of the CGST  act  2017  . 

2) Same Invoice should  reflect  in GSTR 2B   to Claim  ITC . 

    Red  because  of   RCM  is not  reflected  in GSTR 2B   , Just  Check  GSTR 2B . 

In case of rcm pay and take ITC. Ignore the red box. No adverse consequences since you are paying the tax

you have to enter amount and it get RED >> save >> file the return (because ITC claim in the name of RCM is not reflected in GSTR_2A 


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