in press how to make gst invoice because we don't have purchase invoice. is we use rcm method for gst invoice
any body know it
8 Replies
Mir Javaid
(61 Points)
Replied 06 June 2020
We are registered in gst take registration in September 2019
Shivam RC
(Student)
(23683 Points)
Replied 06 June 2020
Then make GST Invoice in accordance with the Provision of Section 31 of the CGST Act 2017 read with Rule 46 of the CGST Rules 2017.
Note that the CGST Act 2017 does not specifies any such GST Invoice formats. Rule 46 specifies certain fields which should be in the GST INVOICE.
Also note that RCM will not be applicable at your case. FCM will be applicable.
Note that the CGST Act 2017 does not specifies any such GST Invoice formats. Rule 46 specifies certain fields which should be in the GST INVOICE.
Also note that RCM will not be applicable at your case. FCM will be applicable.
Shivam RC
(Student)
(23683 Points)
Replied 06 June 2020
FORWARD CHARGE MECHANISM ( FCM ). It means that you ( Supplier ) have to collect and pay tax to the Government by virtue of Section 9(1) of the CGST Act 2017.
Under GST, Tax can be paid in Two Mechanism :
1). REVERSE CHARGR MECHANISM ( RCM ) to be paid by the Recipient.
2). FORWARD CHARGE MECHANISM ( FCM ) to be paid by the Supplier [ Normal Provision ].
Under GST, Tax can be paid in Two Mechanism :
1). REVERSE CHARGR MECHANISM ( RCM ) to be paid by the Recipient.
2). FORWARD CHARGE MECHANISM ( FCM ) to be paid by the Supplier [ Normal Provision ].
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 07 June 2020
Yes need to issue your invoice as per Section 31 r/w rule 46 of CGST Act
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