Reverce charge
This query is : Open
21 September 2019
Dear Sirs,
I have not set off Tax paid on reverse charge in GSTR3B from April-19 to Aug-19. Shall I set off all the reverse charge liability in Sept-19 GSTR3B. Kindly advise me in this regard, Thanks in advance
K.B.Nagesha Rao,
9448826793
I have not set off Tax paid on reverse charge in GSTR3B from April-19 to Aug-19. Shall I set off all the reverse charge liability in Sept-19 GSTR3B. Kindly advise me in this regard, Thanks in advance
K.B.Nagesha Rao,
9448826793
21 September 2019
RCM Liability is be paid on cash.
and take credit of the same.
after taking credit you can set off with your liability.
Liability of rcm can not be set off with Input credit.
and take credit of the same.
after taking credit you can set off with your liability.
Liability of rcm can not be set off with Input credit.
21 September 2019
Dear Sir,
I have paid the RCM liability paid by cash only, my doubt is I have passed journals in our books for RCM till date.Shall I pass the Single entry from April to Sept on 30/09/2019. Please guide me.
I have paid the RCM liability paid by cash only, my doubt is I have passed journals in our books for RCM till date.Shall I pass the Single entry from April to Sept on 30/09/2019. Please guide me.
22 September 2019
Yes... You can claim ITC for RCM paid amount in Your next GSTR 3B return...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Annual return in Gst
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
