Home Forum Goods and Services Tax - GST Month 5 2023 2023 (5) This
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ITC paid on RCM supplies from Unregistered Dealer - 2B Vs. Books Vs. 3B - Goods and Services Tax - GSTExtract 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.
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