Itc on rcm and purchases

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Mahesh (Querist)
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19 September 2017 Sir in july gstr3b return 4(a)(3) Inward supplies liable to reverse charge (other than 1 & 2 above) i have not taken ITC for rcm and i have forgot to take other ITC also for some purchases from registered person.

Now my query is as gstr1 and 2 due dates are extended and gstr3b aug is 20th sep. can i take input credit of rcm of july month and aug month both in august gstr3b in 4(a)(3) Inward supplies liable to reverse charge (other than 1 & 2 above) and also other itc of some purchases from registered person which i didnt take in july return

or

I have to pay august rcm in cash in august gstr3b return and have to claim in next month. please clarify.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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19 September 2017 As gstr1 and 2 due dates are extended claim it in these returns of the respective month it is allowed.

Mahesh

Mahesh (Querist)
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19 September 2017 Sir Aug rcm have to paid in cash and the same can adjust to setoff other libalitites? or i can setoff without paying in cash. Also july and aug rcm both i have to claim in which table 4(a)(3) Inward supplies liable to reverse charge (other than 1 & 2 above) or other itc as i paid july rcm in cash

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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19 September 2017 Aug rcm have to paid in cash and the same can adjust to setoff other liabilities.
Table 4(a)(3) Inward supplies liable to reverse charge (other than 1 & 2 above) is the right one.

Mahesh

Mahesh (Querist)
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19 September 2017 i have not paid Aug rcm in cash. So tomorrow when i return file gstr3b you saying same can be setoff to other liabilities in same month? so it will be nil effect? if i put the rcm amount in this table 4(a)(3) Inward supplies liable to reverse charge (other than 1 & 2 above) and in 3 (d) table than how will i pay in cash?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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19 September 2017 Pay it in September and show it in September return.

VIVEK MALAVE

VIVEK MALAVE (Expert)
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19 September 2017 if u claim in same month ur liability.will arise in negative figures. in tax cash paid column ... which is required.to pay in cash.only... it.will nil effect after u pay the same rcm

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