Inward supplies from Unregistered Dealer

[ABHILASH PANICKER]

Dear All,

Inward Supplies from Unregistered Dealer (RCM) - How its to be Auto populated in GSTR-2B. Only registered dealer (RCM) is appearing, how be taken the input back on unregistered dealer.

 

rgds

[Shilpi Jain]

Unregistered dealer related RCM ITC - can be taken on payment of tax in GSTR-3B. this will not appear in GSTR-2B or IMS

[Sadanand Bulbule]

In respect of RCM liability, the recipient has to raise a self-invoice and tax amount is to be paid in cash. As such it can not reflect in GSTR-2B.

AI Summary

Clarification: ITC for RCM from unregistered dealers isn't auto-populated in GSTR-2B; claim via GSTR-3B after tax payment. A query was raised regarding the auto-population of inward supplies from unregistered dealers under the Reverse Charge Mechanism (RCM) in the GSTR-2B form. Two responses clarified that Input Tax Credit (ITC) for RCM related to unregistered dealers is claimed upon tax payment in GSTR-3B and does not appear in GSTR-2B. Additionally, the recipient must issue a self-invoice and pay the tax in cash, which also prevents it from reflecting in GSTR-2B.