Pot under reverse charge
This query is : Resolved
23 July 2012
Sir,
Please clarify POT in case of prtial reverse charge mechanism where pament is made within motnh of jluy for services which are alredy taken in june.
Please clarify POT in case of prtial reverse charge mechanism where pament is made within motnh of jluy for services which are alredy taken in june.
24 July 2012
In your case, the POT would be decided on the basis of facts as on 30th June, by applying Rule 3 of POT Rules. So, it would be date of invoice or payment, whichever is earlier. In case if invoice is not raised within stipulated time in Rule 4A, then POT would be date of provision of services or date of payment, whichever is earlier.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
