Do we need to issue an Invoice for Tax paid under reverse charge for purchase from or supplier bill would suffix the requirement of self invoicing as in Invoice supplier has to mentioned "Tax payable under Reverse Charge"?
chirag Panchamia (senior ) (37 Points)
11 July 2017Do we need to issue an Invoice for Tax paid under reverse charge for purchase from or supplier bill would suffix the requirement of self invoicing as in Invoice supplier has to mentioned "Tax payable under Reverse Charge"?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170075 Points)
Replied 11 July 2017
How would you get ITC of the tax paid (under RCM) when you do not generate self invoice Number?
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 11 July 2017
In case of Reverse charge, the receipent has to generate a tax invoice on self mentioning the necessary fields in it.
chirag Panchamia
(senior )
(37 Points)
Replied 12 July 2017
Sir,
It mentioned in the Tax invoice rules to mentioned as "whether the tax is payable on reverse charge basis" so can we considered as the supplier bill as Self invoice only and other field also??
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)
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