Payment of GST under RCM

This query is : Resolved

Gopalakrishnan. S (Querist)
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15 October 2022 Sir

Can a dealer, whose status is " Regular " claim ITC on GST paid under RCM on rent ?
Where should the GST amount under RCM be entered in the GST portal, GSTR 1 or
GSTR 3B and under which table ?

Pls. advice.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 October 2022 It's gstr 3b. You can claim ITC on rent paid.
You can declare the supplies liable to RCM in GSTR-3B & claim ITC on it. You can declare the supplies under RCM in Table 3.1(d) of Form GSTR-3B.

Gopalakrishnan. S

Gopalakrishnan. S (Querist)
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15 October 2022 Thank you sir. But, the problem is, for the month of Aug 22, we declared the RCM supplies, namely Rent, in the GSTR 3B -> Table 3.1.d. But the tax portion did not get auto populated in the subsequent month ( Sep 22 ) nor the system allows us to update it manually in table 4.3 in 3B. How to claim the rcm already paid in Aug 22 and go about hence forth ?

Pls. Advice.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 October 2022 Did you paid the RCM through cash ledger.

Gopalakrishnan. S

Gopalakrishnan. S (Querist)
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16 October 2022 Yes Sir. The amount was paid through Cash ledger.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 October 2022 The GSTR-3B needs to be filed on the GST Portal on a monthly basis along with the RCM transaction details & the RCM taxes need to be paid using the Electronic Cash ledger only. Taxpayers can later claim the ITC on such transactions, in table-4A of GSTR-3B of the same month

Gopalakrishnan. S

Gopalakrishnan. S (Querist)
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16 October 2022 Thank you Sir. Can I claim the ITC on RCM paid in Aug 22 in the Sep 3B - Table 4A ?
Pls. advice.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 October 2022 Yes, you can claim....

Gopalakrishnan. S

Gopalakrishnan. S (Querist)
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16 October 2022 Thank you so much Sir.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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16 October 2022 You are welcome....

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