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RCM Input in 2B

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NICSON JOHN

514 Points Posted on 15 February 2023

can i see RCM paid by me...in Gstr 2B...if not how can we take credit..on RCM paid...? pls reply thanks in advance

Replies (3)

Quick Summary

This discussion clarifies how to claim Reverse Charge Mechanism (RCM) credit when it doesn't appear in your GSTR 2B. If you've paid RCM to registered suppliers, it should reflect in 2B. However, for services from unregistered suppliers where RCM applies, you'll need to manually account for the liability and input tax credit. In such cases, preparing a self-invoice as per CGST Act section 39(3)(f) is crucial for claiming the credit.

prasad Nilugal

GST Practitioner & Accounts

15136 Points Posted on 15 February 2023

From whom you have purchased the goods, unregistered or registered supplier ?.

CA Altamush Zafar

GST Consultant

15986 Points Posted on 15 February 2023

RCM details in 2B will only reflect for those vendors who are registered.
But there can be transactions where you received services from unregistered persons where RCM is required so you will have to pay rcm even when it doesn't reflect in 2B.
You will fill liability and ITC both manually in such case

prasad Nilugal

GST Practitioner & Accounts

15136 Points Posted on 15 February 2023

In addition to above, I would like to add , if he purchase from Unregistered supplier then he has to prepare SELF INVOICE as per section 39(3)(f) of the CGST Act within time limit , and file return, same will be reflected in GSTR2B. ( RCM as per section 9(3) of the CGST Act)