dear friends
we receive bills from GTA, import of service . which are under RCM
1) when we have bills available, do we need to do any self invoicing ? .we can.simply show consolidate rcm liability under 3 b , pay in cash ledger and take credit in same.month
2 ) GTRR 3b liability will be more than GSTR1 AS WE DONT SHOW RCM LIABILITY IN GSTR1
PLS GUIDE
Self Invoicing is necessary
Liability of RCM is to be shown under a separate column, which is different from liability related to outward supplies. Therefore liability of RCM will have to be shown in GSTR-3B and it has no relation with GSTR-1
CAclubindia
