RCM on overseas purchase

Amlan Ranjan Dutta (Business) (103 Points)

05 September 2021

Is it really required to raise self-invoice and pay IGST under Reverse Charge Mechanism on overseas purchases, if the vendor didn't issue an invoice?

Reply
Follow
Share

3 Replies

CA Altamush Zafar (GST Consultant) (15983 Points)
Replied 05 September 2021

Yes self invoicing is required...................

Amlan Ranjan Dutta (Business) (103 Points)
Replied 05 September 2021

And do I be required to pay the IGST under RCM? Or, just the self invoice without RCM is sufficient.

CA Altamush Zafar (GST Consultant) (15983 Points)
Replied 05 September 2021

Will have to pay RCM and then claim ITC also if available subject to section 16 & 17

1 Like

Start a New Discussion