RAJA P M
("Do the Right Thing...!!!")
(127984 Points)
Replied 08 August 2018
Asiya Begum
(Chartered Accountant)
(687 Points)
Replied 09 August 2018
For reverse charge liability arises on the date of payment to the vendor. If the payment is not made to the vendor, then on 31st/61st day for goods/services respectively from the date of invoice as per the provisions of time of supply.
In your case, if the payment is also made then liability arises. If no payment is made and if the above dates from the date of invoice is falling after 12.10.17 then there is no GST liability.
RAJA P M
("Do the Right Thing...!!!")
(127984 Points)
Replied 09 August 2018
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
