Do we need to raise self invoice of tax amount 0 RCM and include in Gstr 3 b on following even if amount is less than RS. 5000 per day.
1) Local conveyance paid to staff but booked as expenses
2) Staff refreshments expenses
3) Stationery and general items of low value no bill is given URD
4) Bank charges no GST detailed statement is given by bank but charges deducted as per monthly statement given.
5) Petrol and mobile expenses reimbursed.
6) misc expenses
RCM needs more clarity govt could have simplified or avoided routine expenses under RCM. This has unnecessarily increased work of invoicing and return filling.
CAclubindia
