RCM - liability to be discharged as per books or as per gstr2b

[Govinda Raju]

Invoices (service/goods/GTA) from un-registered person to registered person –

1. We have to create liability under RCM and discharge our liability or pay just as per GSTR-2B.

2. RCM Invoices will be declared in GSTR-2B under RCM but not accounted by us in same month due to transit or delayed receipt of invoices from GTA provider/goods. –

Still we have to discharge liability as per GSTR-2B or as per books or

keep reco in our books and discharge liability as per GSTR-2B.

3. what about unregistered supplier/GTA invoices where it will not appear in GSTR-2B but will be accounted in books – we need discharge liability by adding value/tax in GSTR-2B – or pay just as per GSTR-2B.

AI Summary

Reverse charge mechanism liability must be discharged based on time of supply, not solely on return auto-population.
RCM liability must be recognised and discharged based on time of supply - typically the earlier of payment or the statutory trigger, or if indeterminate, the date of entry in the recipient's books - and not on whether invoices appear in GSTR-2B. Taxpayers should pay RCM as per their books, reconcile differences with system-auto populated returns, edit liabilities where necessary, and retain supporting records for any variances arising from delayed supplier reporting or non-appearance of unregistered supplier invoices.