We Received Advocate (RCM) Bill in the Month of May 2021. But Invoice Date is 28/03/21 i.e. FY 20-21. We take this Bill in our Books of Account FY20-21.
After Received Advocate Bill, we make a Payment of RCM and filed GSTR 3B in June 21Take ITC on July 21 (3B)
Now the question is what the treatment of GSTR9. How we show in GSTR9
Invoice Date 25/03/2021
Bill Value is Rs 15000/-
CGST Rs 1350/-
SGST Rs 1350/-
Tax Payment 12/06/2021
Filed GSTR3B- June21
ITC Claim in GSTR3B – July 21
1)Since Invoice is of last year , you have to show legal expenses as a prior period expense in the current year in profit and loss separately as per AS 5 .
2) one's You have taken prior expenses in the current year then you have to show RCM in GSTR9 21-22 .
please confirm with your CA and others also, I am not sure about GSTR9 .
CAclubindia
