How to claim the credit of rcm
This query is : Open
Avinash Jeevan Dsouza
(Querist)
29 January 2018
We have paid GST on RCM in the month of Dec, now we need to claim the credit. Can you please explain how do i need to claim the same.
CA R SEETHARAMAN
(Expert)
29 January 2018
Claim it in gstr-3b table 4 of December/January.
Udaya Chandran
(Expert)
29 January 2018
You can take ITC on RCM after payment in cash. The same can be shown in your GSTR 3B and GSTR 2.
Avinash Jeevan Dsouza
(Querist)
29 January 2018
if we claim it in Dec then GST payable will be nil right???
CA R SEETHARAMAN
(Expert)
29 January 2018
Yes if ITC claim match with payment.
Avinash Jeevan Dsouza
(Querist)
29 January 2018
Can you explain me with example?
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