Menu
Self invoicing under reverse charge
If we purchase goods/ services on which GST is paid under reverse charge, do we need to do self invoicing for these purchases and show them in GSTR 1 ?
Replies (6)
there is no need for that. presently only few goods/services are attracting rcm. you can just create a ledger in current assets of RCM Paid and do your accounting.
Self invoicing needs to be done in cases where RCM is applicable and the supplier is unregistered.
is self invoicing manadatory ??
Yes it is mandatory.
Because gstr 2 is not required therefore such invoices have not been filed but still they are mandatory
Thank you !!
Self Invoicing is mandatory under RCM cases. [ SECTION 9(3) and 9(4) of the CGST Act 2017 ].
Recent Topics :
- Nursing Home Taxability
- CA opted for Form 10IEA mistakenly - Demand raised
- Query on scenario related to FAST DS 2026
- Audit Executive (Remote, India) - Ace Auditing Off
- GST Transaction On Used Clothing
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
Related Topics :
CAclubindia
