Reverse Charge Mechanism Impacts on GST Returns Filing
- Blog|GST & Customs|
- 2 Min Read
- By Taxmann
- |
- Last Updated on 2 December, 2022
No There is no requirement to file return for unregistered person in this Act. Registered taxable person, who is making outward supply of notified goods/ services, where tax has been paid by recipient on reverse charge basis. Similarly, the registered recipient is making inward supply of notified goods/services, where tax has been paid by recipient on reverse charge basis. Inward supply on which tax is to be paid on reverse charge Of Supplier value Of Supply (Name Of State) Input Service invoice/Capital goods (inc. plant And Machinery)/ Ineligible for ITC available Tax Tax /UT Tax Tax Tax Tax In this case, unregistered taxable person is making outward supply of notified goods/services, where tax has been paid by recipient on reverse charge basis, but since he is unregistered he is not required to file returns under GST.1. Whether supplier who is making supply of goods and services under RCM will also have to do something in GSTR-1?
2. Can GSTR-3 be filed without the payment by e-cash ledger?
3. Whether invoice details are necessary for RCM supply?
Applicability of GST Return Forms/ Statements for Supplier and Recipient:
S.No.
Supplier
Recipient
Registered/Unregistered
Form for supplier
Registered/ Unregistered
Form for recipient
1.
Registered
Form GSTR-1
Registered
Form GSTR-2
2.
Unregistered
NA
Registered
Form GSTR -2
3.
Form GSTR-1
Unregistered
Unregistered
NA
4.
Unregistered
NA
Unregistered
NA
GSTR-1 FORM For Outward Supply – For Registered Supplier:
GSTIN/UIN
Invoice Details
Rate
Taxable Value
Amount
Place of Supply (Name of State)
No.
Date
Value
Integrated Tax
Central Tax
State/UT Tax
Cess
1
2
3
4
5
6
7
8
9
10
11
4A. Supplies other than those (i) attracting reverse charge (ii) supplies made through e-commerce operator
4B. Supplies attracting tax on reverse charge basis
4C. Supplies made through e-commerce operator attracting TCS (operator wise, rate wise)
GSTIN of e-commerce operator
GSTR -2 FORM For Inward Supply – For Registered Recipient:
GSTIN
Invoice Details
Rate
Tax-able
Amount of Tax
Place
Whether input or
Amount of ITC
No.
Date
Value
Inte-grated
Cen-tral
State
CESS
Integrated
Central
State/UT
Cess
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
4A. Inward supplies received from a registered supplier (attracting reverse charge)
4B. Inward supplies received from a unregistered supplier
4C. Import of service
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