What is the consequences if RCM bill received and not filed in GST on time
Menu
RCM failed to file
Replies (1)
Consequences follows: 1. The recipient might be liable to pay interest on the tax amount due under RCM if not paid on time. There could be penalties for delayed payment or non-compliance with GST regulations regarding RCM.
If the recipient has not paid the tax under RCM on time, it might be affect their ability to claim input Tax Credit smoothly.
Recent Threads
- Un claim ITC
- Form 49AA - OCI card holder applying for PAN card
- Section 54f and Sale between father and Son.
- Demat of shares of private limited company
- Income only with share market around 5-6 lack
- Missed GST Reporting for March 2025
- Future and Option Turnover
- Outstanding demand
- Error in filing income tax return
- DRAFT - DIRECTOR's REPORT OF BASE LAYER NBFC
Related Threads
CAclubindia
