Dealy Paymet of Reverse Charges Of Machanism (GST RCM)

[ADITYA PODUGU]

Dear sir ,

my client is failing to file a return of fy 2018-19 month of April he had an RCM actually the months of april return actually his paid on 19-20 april is the delay of 1 year till now we didn't receive the any notice from the portal but manual notice is coming from client place of business please suggest me what else I can do and what suggestion to give me the client

[Ravinesh Sinha]

Pl pay interst for delayed period also

[Vijay kumar]

Pay all the tax dues with interest and file all your returns till date along with late fee. Otherwise, your registration can be suspended/cancelled anytime.

[Shilpi Jain]

GST requires self-assessment of the taxes and payment. So pay the taxes with interest without waiting for department intervention. There could be a possibility of availing credit in case the service liable under RCM are received from an unregistered person (though could be disputed by dept)

AI Summary

Reverse charge mechanism: pay outstanding GST with interest and file overdue returns to avoid registration risk.
Taxpayer should self-assess the outstanding reverse charge mechanism liability, pay the tax with interest, and file all overdue returns with applicable late fees; failure to comply risks suspension or cancellation of GST registration and potential disputes over input tax credit when services are received from an unregistered person.