GST RCM query

Dear Sir,

In reference to your query, RCM is payable under 2 procedures.

1. Where the vendor is registered but supply is under RCM. - In that case your liability would arise on the date of vendor invoice date.

2. Where the vendor is unregistered and supply is under RCM - In this scenario, the govt. has allowed clubbing of all the invoices of that vendor in a period into one single self-invoice which you need to raised on yourself.

In this case, your liability would arise on the date of self-invoice.

Hope I have been able to address your query.

Please advise in case of any further clarification.

Thanks & Regards,

CA Aditya Dhanuka.

Dear Sir,

In your case you should issue an invoice on the date of receipt of service, i.e. in your case invoice.

Hence, you have heard correctly and you should ideally have the vendor invoice date as RCM invoice date.

Hope I have been able to address your query.

Please advise in case of any further clarification.

Thanks & Regards,

CA Aditya Dhanuka.

- You can not alter invoice issued by the vendor. Invoice issued by the vendor is an important document to determine time of supply. Why you are self generating invoice when vendor is already issuing it? Time of supply is the time of tax payment which is payment date in your case. The liability to pay IGST on import of services is on the date of payment of the invoice. Show the complete transactions in GSTR 3B of such period.