Applicable RCM turnover not shown in GSTR3Bs but tax paid on respective purchases on outward supply
This query is : Resolved
20 April 2022
assesee could not shown the RCM turnover in GSTR3Bs but whereas tax paid on respective purchases on outward supplies made during the year,
should I disclose the ITC as well as liability on RCM Purchases in GSTR9, hence there is revenue neutral, since, if he reflects the liability and paid the tax under RCM, the same might have claimed as ITC in GSTR3Bs
kindly guide me in this regard
should I disclose the ITC as well as liability on RCM Purchases in GSTR9, hence there is revenue neutral, since, if he reflects the liability and paid the tax under RCM, the same might have claimed as ITC in GSTR3Bs
kindly guide me in this regard
21 April 2022
RCM liability should have been paid in cash and ITC claimed.
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