RCM Entries
This query is : Resolved
Quick Summary
R S Sai Kumar
(Querist)
14 April 2022
One company has RCM liability, the liability requires to be set off to GST Input. RCM payment not required, as there is input GST .How to pass entries -
CA R SEETHARAMAN
(Expert)
14 April 2022
RCM payment can't be adjusted against input GST, it has to be paid in cash.
Message likes :
2 times
CA Puja Sharma
(Expert)
14 April 2022
RCM liability cannot eb adjusted with ITC.
It has to be paid in cash.
It has to be paid in cash.
R S Sai Kumar
(Querist)
14 April 2022
Thanks a lot to all
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