https://www.taxtmi.com/forum/issue?id=117765 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. en-us Mon, 17 Jan 2022 16:18:36 +0530 Thu, 23 Jan 2025 15:54:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117765 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. Discussion-Forum GST Mon, 17 Jan 2022 16:18:36 +0530 https://www.taxtmi.com/forum/issue?id=117765