RCM INVOICE

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14 Points Posted on 08 June 2020
Hello everyone one
My client provided bus service . He raised bill party on rcm 5%. If bill value 1000/-.
Tell me which amount will be uploaded on gstr 1 .
A-1000+5%=1050

B-952+48=1000

And which amount will be file in gstr 3b. Which column.
Pls tell me
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On 08 June 2020 at 06:02 Report
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Quick Summary
This discussion clarifies how to handle Reverse Charge Mechanism (RCM) invoices for a bus service client. It addresses the correct amounts to be uploaded on GSTR-1 and filed in GSTR-3B, specifically when a 5% RCM is applied to a bill. The advice confirms the gross bill value including RCM should be reported.

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6 Points Posted on 08 June 2020
A is correct value
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On 08 June 2020 at 08:49
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4215 Points Posted on 09 June 2020
It is hold good
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On 09 June 2020 at 09:14

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