banner_ad

Itc

This query is : Open 
Profile Image

Profile Image

(Querist)
30 October 2017 In case of gst payable on reverse charge mechanism is to be shown in gstr2 by clicking on supply attract reverse charge in table 3.1 4A.So that output liability is to be added in gstr3.My question is how the tax paid on RCM be availed as ITC?.whether it will automatically go into credit ledger in the next month? Second query if transporter is unregistered then where to claim ITC on tax paid on RCM?
Profile Image

B Vinay Reddy

Profile Image

B Vinay Reddy (Expert)
31 October 2017 Dear Sabita, If Tax paid on RCM for purchases from registered dealer then it will auto populated in GSTR 2 under table 3,4A If purchases from Unregistered dealer and RCM is applicable where we raised self invoice then we should show that in GSTR 2 table 4A.
Profile Image

B Vinay Reddy

Profile Image

B Vinay Reddy (Expert)
31 October 2017 sorry table 4B
Profile Image

RAJA P M

Profile Image

RAJA P M (Expert)
31 October 2017 @Dear Sabita Sahoo., You are exactly correct... Bit, Small correction.... You ll be select ITC column as Eligible / Input Service after you can add the ITC amount... These option apply in both sections (4B & 3,4A)....
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details