Gst on rcm basis
This query is : Resolved
14 September 2017
Dear Experts, please advise,
GST payable on repairs and maintenance of machinery on RCM (Repairing done by unregistered person) bill issued. I understand that we should raise the sale bill from our end and pay gst on RCM basis, but where the bill details to be given in GSTR -1 & what is the mechanism to get the ITC claim towards GST paid?
GST payable on repairs and maintenance of machinery on RCM (Repairing done by unregistered person) bill issued. I understand that we should raise the sale bill from our end and pay gst on RCM basis, but where the bill details to be given in GSTR -1 & what is the mechanism to get the ITC claim towards GST paid?
14 September 2017
No, You should give the details under the head "Inward supplies on which tax is to be paid on reverse charge" in GSTR-2 and accordingly you are eligible for ITC
15 September 2017
Thanks sir.
The information to be provided in GSTR - 2 , in 4A or 4B?
Its bit confusing... 4A is Inward supplies received from registered person including reverse charge supplies & 4B is Inward supplies from unregistered supplier?
Please guide.
The information to be provided in GSTR - 2 , in 4A or 4B?
Its bit confusing... 4A is Inward supplies received from registered person including reverse charge supplies & 4B is Inward supplies from unregistered supplier?
Please guide.
15 September 2017
Inward supplies received from a registered supplier (attracting reverse charge)- In this head,supplies which specifically falls under RCM, those details required to fill. eg.- Advocate services and GTA.
Inward supplies received from an unregistered supplier- And in this head those supply details put which was received from Unregistered person.
Inward supplies received from an unregistered supplier- And in this head those supply details put which was received from Unregistered person.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR 2 Short Term gain & Long term gain
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Reporting Income under Section 44ADA
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
