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Reverse charge mechanism (rcm)


16 October 2017 we are not declared RCM purchases in aug17, how to rectify, can we submit along with sept purchases RCM and pay gst on outward sales

17 October 2017 Its not advisable but you can do so........

17 October 2017 Self invoices issued by you under RCM are taxable invoices. Therefore, you can take credit of tax paid as long as these invoices are valid. In my view, you can take the credit and utilize the same for payment of GST against outward supplies.




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