Rcm invoice

[R Sumanth]

Whether supplier has to pay gst in case he do not issue RCM invoice for his customers and the customer is not paid RCM

also if the supplier has to pay then does he need to pay along with interest

[Ganeshan Kalyani]

Supplier is supposed to mention "Whether GST is payable by recipient under Reverse charge" Y/N. If yes the recipient will pay GST.

Supplier is not responsible to pay GST on the service which is covered under reverse charge notification.

[Shilpi Jain]

Not issuing a proper invoice could at the most nbe a procedural non-compliance. No need to pay the tax by supplier when it is liable under RCM

[R Sumanth]

Dear madam

What is the full form of nbe

[Amit Agrawal]

I agree with the views of my professional colleagues!

[Ravinesh Sinha]

Tax liability under RCM in respect of specified goods/services/persons is on the recipient not on supplier .The recipient is responsible to pay also interest if chargeable as per the prescribed procedure of GST . I also agree on the views of other learned friends.

[Shilpi Jain]

Pls read 'nbe' as 'be'. Typo error

[R Sumanth]

Thank you for all for sharing your knowledge

AI Summary

Reverse charge mechanism places GST liability on the recipient; supplier omission to issue RCM invoice does not make supplier liable. Reverse charge liability under GST for specified supplies rests on the recipient; the supplier is not obliged to pay tax chargeable to the recipient under reverse charge notifications. Suppliers should indicate on invoices whether GST is payable by the recipient under reverse charge, and omission to issue a proper RCM invoice is a procedural non compliance that does not make the supplier the tax debtor. Recipients liable under RCM must pay the tax and any applicable interest as per GST procedure.