Gst under rcm
This query is : Resolved
G Nagendra Rao
(Querist)
25 September 2017
Substantial input credit is available. Then Is it necessary to pay the gst under rcm in cash?
CA R SEETHARAMAN
(Expert)
25 September 2017
Yes it is necessary to pay RCM in cash.
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Chhatra Singh Dugar
(Expert)
25 September 2017
RCM is always required to be paid in cash not to be adjusted against ITC
26 September 2017
You have to pay GST liability under reverse charge in cash. You can not offset RCM liability with ITC.
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