RCM of 17-18 claimed in 18-19

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21 Points Posted on 09 January 2020
RCM of FY 17-18 CLAIMED IN FY 18-19, What is TREATMENT IN GSTR-9 and GST audit?
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On 09 January 2020 at 17:03 Report
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This discussion addresses how to correctly report Reverse Charge Mechanism (RCM) for the financial year 2017-18 that was claimed in the financial year 2018-19. According to CBIC press releases, RCM should only be reported in the financial year it is paid. Therefore, the correct place to report this is in the annual return for FY 2018-19, even though the expense relates to FY 17-18.

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GST Practitioner
55067 Points Posted on 10 January 2020
As per the Press Released by CBIC Need to report only in Fy when it is paid , hence report the same in Annual return of Fy 2018-19
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On 10 January 2020 at 01:12
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21 Points Posted on 10 January 2020
But it was paid in fy 17-18
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On 10 January 2020 at 11:23

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