RCM ON INWARD SUPPLIES

This discussion addresses concerns about Reverse Charge Mechanism (RCM) on inward supplies appearing automatically in the GST portal's GSTR-3B. It clarifies that if your client has no actual RCM liability and hasn't claimed Input Tax Credit (ITC), they don't need to pay the RCM amount. The GSTR-3B can be filed with the figures highlighted in red. However, if these transactions are recorded in your books, you are liable to pay GST under RCM and claim ITC, resulting in no net financial impact.