Gstr-3b

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 December 2017 Dear Sir/Madam,
We take legal service from advocate (Karnataka states) and he send bill to us (Mumbai) Rs.200000/- without any GST Charged. We have paid Rs.180000/- after deduction of TDS.
A) The GST Tax is appliable - IGST- @18% - 36000/- (Inward supplies liable to Reverse Charge)

B) Purchase Laptop- 104400/-- IGST- @18% - 18792/- (Karnataka)
Professional Fees Paid-- 32500/- SGST/CGST @18% - 5850/-
Purchase Shares----------5914/- SGST/CGST @18% - 1065/-
(on Brokerage) Total -- 25707

C) ITC---Credit Ledger Opening Balance SGST/CGST ----- 9882/-

Now Tax liability is : RCM : A)36000 /-
Less : - B)25707/-
Less : - C)9882/-
Balance Tax Payable : 411/-

Please advise in above matters as earliest.

Thank & Regards
NNK

Udaya Chandran

Udaya Chandran (Expert)
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20 December 2017 As per your calculation, GST liability is correct.

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Querist : Anonymous

Querist : Anonymous (Querist)

21 December 2017 We paid the Tax of Rs.36000/- towards Tax on Reverse Charge.
Input Tax Credit cannot be adjusted against Tax Liability under Reverse Charge Mechanism
Tax liability under Reverse Charge Mechanism can only be paid through cash mode only.

Udaya Chandran

Udaya Chandran (Expert)
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21 December 2017 Yes, you have to pay tax on RCM by cash and take credit only after that.

Querist : Anonymous

Querist : Anonymous (Querist)

21 December 2017 Can i Claim for Refund of Rs.36000/- Tax Paid on Reverse Charge

Avinash Jeevan Dsouza

Avinash Jeevan Dsouza (Expert)
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22 December 2017 We are running a hall in Karnataka. One registered party from Maharastra wants to conduct a program in the hall. They have provided their GSTIN to us. We have charged them IGST. We want to know whether it is correct or not? Place of supply is Karnataka and invoice is being raised from Karnataka

Udaya Chandran

Udaya Chandran (Expert)
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22 December 2017 You should charge CGST+SGST for this transaction.

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