If a person is not registered under GST, he cannot issue GST-compliant invoices. Thus, in such scenarios, the recipient is required to prepare the invoice himself for the purchase made as well as the taxes paid.7. What if an Input Service Distributor receives supplies liable to Reverse ...
Dear Expert I have a question about RCM on Import Services OurSingapore client Sub Client provide services to Zambia Myanmar Tanzania and bill is raised for invoicing these services to India My question is we are liable to pay RCM on import services They
A registered recipient is always entitled for ITC on the self invoices made for purchase from unregistered supplier. First payment GST and then claim ITC thereof. The Govt.'s exchequer does not effect. So, what is the logic? 09 October 2024 R BHAN...
On : 12.1.3 version, GSTACTUAL BEHAVIOR---Duplicate RCM entries are getting generated in GL post validation of AP Invoices.EXPECTED BEHAVIOR---RCM entries should not be duplicated in GL post validation of AP Invoices.STEPS---The issue can be reproduced at will with the following steps:1. C...
Resolving issues related to claiming ITC under GST requires careful review of invoices, compliance with GST rules, and sometimes technical troubleshooting. By following the steps above and seeking professional advice if needed, you can rectify the issue and ensure compliance with GST regulations ...