REVERSE CHARGE MACHANISIM - SECURITY SERVICES

Hello,

Since the security services are covered in RCM, GST will be paid by the recipient.

Now, as per rule 46, in the tax invoice, you need to show taxable value as 100 invoice value as 118 and check on the field where it says tax is payable on RCM basis.

In case supplier of security services is unregistered in GST, then recipient is required to issue tax invoice by himself as per section 31(3)(f).

Show as follow in gstr1:
Taxable 100
Tax 18
Invoice 118
Tick rcm applicable check box also.

Disclosure in GSTR-1
B2B
TV-100
T-18
Inv V-118
Tick the option - Liable to RCM - Yes

B2C - FCM

You taxable value & gross value will be same . ie 100/-

Just make sure that Option "RCM" shall mark on in table 4 of GSTR 1.

Agree with Pankaj ji, taxable value and invoice value are to be Rs. 100 only. Not 118. In the invoice, Taxable value to be shown as 100, Tax rate as 18% and disclosure that recipient is required to pay under RCM under Section 9(3) read with Notification 13/2017-CT(R)