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ITC paid on RCM supplies from Unregistered Dealer - 2B Vs. Books Vs. 3B

ANILKUMAR CHERUKU

When GST paid on RCM basis in respect of services from unregistered (URD) eg. office rent paid for residential building. Once the GST paid on RCM basis, we claim ITC and book the GST liability, however, since the URD cannot report the same with GST Department.

1. ITC on GST paid on RCM is available in books and not available in GSTR 2B due to above reason

2. GST liability on the RCM is already discharged

3. When ITC is claimed as per books, it is not matching with GSTR 3B as the URD cannot submit the GST invoice and same do not appear in GSTR 2B. Can we claim the ITC as per books without ignoring the GSTR 2B.

4. What are the consequences due to above.

Understanding ITC Claims on GST for RCM: Self-Invoicing Required, Rental Agreements Insufficient Under Section 31(3)(f) A discussion on the Goods and Services Tax (GST) paid on a reverse charge mechanism (RCM) basis for services from unregistered dealers, such as office rent for residential buildings, highlights the issue of claiming Input Tax Credit (ITC). Since unregistered dealers cannot report transactions to the GST Department, ITC claimed in books does not match with GSTR 3B. Participants clarify that matching with GSTR-2B is not required for ITC on RCM from unregistered persons, as ITC is based on self-invoicing under Section 31(3)(f). Rental agreements are insufficient for ITC claims; self-invoices are necessary. (AI Summary)
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