Tax paid on revserse charge
This query is : Resolved
15 March 2018
Dear Sir/Madam,
We take legal service from advocate (Karnataka states) and he send bill to us (Mumbai) Rs.100000/- without any GST Charged. We have paid Rs.90000/- after deduction of TDS.
The GST Tax is applicable - IGST- @18% - this is correct or wrong
Rs.18000/-GST Paid on Reverse Charge Mechanism (RCM) services.
Rs.18000/- Can avail ITC in next month or balance in ITC Ledger Rs.18000/-
Please advise in above matters as earliest.
Thank & Regards
N K
We take legal service from advocate (Karnataka states) and he send bill to us (Mumbai) Rs.100000/- without any GST Charged. We have paid Rs.90000/- after deduction of TDS.
The GST Tax is applicable - IGST- @18% - this is correct or wrong
Rs.18000/-GST Paid on Reverse Charge Mechanism (RCM) services.
Rs.18000/- Can avail ITC in next month or balance in ITC Ledger Rs.18000/-
Please advise in above matters as earliest.
Thank & Regards
N K
15 March 2018
Yes , your working is correct , you can claim itc in subsequent month
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- RELATED TO TRIBUNAL APPEAL
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- Sec 44ada applicable only or both
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- GST Rate for Catering Services
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
