RCM in GSTR-1
This query is : Resolved
12 August 2021
Hi All
One of my clients is a recovery agent for bank and his all sales are under RCM. His services is under 18%. While filing GSTR-1 in table 4A, what rate should be entered while entering sales whether 18% or 0%.
If 18% is used, it shows tax liability
One of my clients is a recovery agent for bank and his all sales are under RCM. His services is under 18%. While filing GSTR-1 in table 4A, what rate should be entered while entering sales whether 18% or 0%.
If 18% is used, it shows tax liability
13 August 2021
No need to enter any sales in case of RCM.
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