Reverse Charge Mechanism in GST - Self Invoicing

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....ou, and thus you become liable to pay taxes on their behalf. Hence, self-invoicing, in this case, becomes necessary. As per section 31 of the CGST Act, 2017 read with Rule 46 of the CGST Rules, 2017, every tax invoice has to mention whether the tax in respect of supply in the invoice is payable on reverse charge. Similarly, this also needs to be mentioned in receipt voucher as well as refund vouc....

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....the end of a month for supplies covered under Section 9(4), the aggregate value of such supplies exceeds Rs.5,000/- in a day from any or all the supplies. [ Omitted w.e.f. 01.11.2024 vide N.No. 20/2024 dated 08.10.2024 ] * Time limit for issuing tax invoice in cases where recipient is required to issue invoice under section 9(3) or (4) [ Rule 47A ] [ Inserted vide N.No. 20/2024 date 08....