RCM Liabilities Should Pay as per Books or GSTR-2B -- confusion

RCM 330 views 7 replies

sujit naha

accountant

355 Points Joined June 2014

Sometimes RCM Supplier Not Uploaded their Invoices within Stipulated time

Due to above reasons Actual RCM Liabilities Not Reflected in GSTR-2B

Example : For April -- Actual RCM Liabilities as per Books -- 5000/-

But GSTR 2B Reflected is Rs. 2000/- due to Non uploaded by Supplier

Question : Which RCM liabilities We have to pay ???

Actual Liabilities of Rs. 5000/- or GSTR 2B Reflected Liabilities of Rs. 2000/-

Please reply in details

Replies (7)

Pay as per books
reason: please check rules regarding RCM liability due date
it's 60 days from date of invoice or date of.payment to supplier whichever is earlier.

if you have paid to supplier then it becomes immediately due and in such case if you not pay and wait for it reflect in GSTR2B then u might end up paying Interest in delayed payment.

u are going to claim ITC any how. so better to pay the liability as and when due and claim ITC. rather than waiting.

CA Rashmi Gandhi

Chartered Accountant

86500 Points Joined April 2011

Liability required to be pay off as per books

Sandeep Jain

Pivate

1477 Points Joined July 2019

Pay as per books not for 2B . it will not reflect in 2B if you got the service from unregistered supplier

MPR Sanjay Kumar

3145 Points Joined November 2020

For instance

Case 1 I am a unregistered supplier I am supplying goods to my recipient in this case whether who have to pay GST RCM will applicable whom?

case 2 ,goods received from unregisistered person whether I should have to pay GST of RCM or my supplier??

as per current GST rules RCM is not placed?