pls clear to me.. that the services (RCM services) received by us are mentioned under 4B ...i have doubts regards RCM in 4b......
Replies (7)
Quick Summary
This discussion clarifies the reporting of services under Reverse Charge Mechanism (RCM) within Table 4B of GSTR-1. It explains that GSTR-1 is exclusively for outward supplies, not inward supplies. However, B2B invoices, including those for services received under RCM, must be reported in Table 4A, 4B, 4C, 6B, or 6C. Specifically, when a GST-registered entity provides transport services (GTA) to another registered person, this should be reported in GSTR-1 under Table 4 (B2B) by selecting 'Yes' for the RCM option.