Itc on rcm

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 May 2018 We are paying RCM on freight to GTA, rent to landlord and other. We are entitled to get ITC on the same. Where in the GST return, the RCM paid amount should be filled to get ITC on the same or the same would be automatically credited to our account ?

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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03 May 2018 You can claim such ITC in GSTR 3B and show the same under Tab No 4-Eligible ITC. In part A against item No (3) of the table is Inward Supplies Liable to Reverse Charge you may claim the ITC.

Querist : Anonymous

Querist : Anonymous (Querist)

03 May 2018 Thanks sir. But sir, f I had paid RCM during earlier months also, but not claimed by showing in the column as suggested by you, what should I do to get ITC on the same.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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13 May 2018 The unclaimed ITC of the earlier months can be claimed in the current month's return.

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