24 March 2018
Dear Sir(s), We have filed GSTR 1 regualrly incorporating the RCM element till Sep2017 Return. After releasing the notification regarding RCM has been postponed to 01-04.2018. We presumes that all the RCM have been postponed and now we realise the notification onlyapplicable for RCM cover under sec 9(4) - Local purchases from unregistered dealer over Rs.5000/ per day.
1.We have paid GTA to our rawmaterial ordered on FOR basis.Kindly clarify whether we are liable for RCM or the Supplier of Rawmaterials?
2.And for the last two months we use GTA to our rawmaterial ordered on SPOT basis and we did not make necessary entries in our GSTR 3b and GSTR1. How can we correct these mistakes?
Kindly give us a guideline to us to correct these issues.
26 March 2018
RCM u/s 9(3) is still applicable. So you need to pay RCM on GTA services. You can make the payment along with applicable interest and upload the details in the next month GSTR 3B.
CAclubindia
