REVERSE CHARGE-GTA

[VIGNESH]

Regarding GTA should we raise Self invoice? we have already received invoice and we are paying tax under RCM for Financial year 2018-19 now (a). Should it be reflected in GSTR-9C of 2019-2020 or 2020-2021 (b). Self invoice for GTA bill or for tax paid under RCM?

[KASTURI SETHI]

Self invoice is to be raised if you receive GTA service from unregistered person. See Section 31 (3)(f) of CGST Act.

"(f) a registered person who is liable to pay tax under sub-section (3) or sub-section (4) of section 9 shall issue an invoice in respect of goods or services or both received by him from the supplier who is not registered on the date of receipt of goods or services or both;

(b) Tax paid under RCM.

AI Summary

Reverse charge for GTA: self-invoice required when supplier is unregistered; tax accounted under reverse charge in the period paid. Reverse charge for Goods Transport Agency services requires the recipient to issue a self-invoice when the supplier is unregistered; tax paid under the reverse charge mechanism must be accounted as RCM and reflected in returns for the period in which the tax was discharged, with placement in annual reconciliation driven by the period of actual payment.