We are aware that Reverse Charge is payable by a registered taxable person for Goods or Services received from an Un-Registered person.
This Reverse charge when paid for will be made available as Input GST.
This Un-registered purchase of Goods or Services can be from a Local ( Intra State ) party or Central party ( Inter State ).
While creating Reverse Charge liability , should we credit the respective Output GST A/c - i.e When Local - SGST Output & CGST Output ; When Central - IGST Output and debit a Reverse Charge Recoverable A/c.?
This Reverse Charge Recoverable A/c can be then credited when Input is made available.
Will the Input that is made available against payment made towards Reverse Charge be credited into respective Input GST A/c by the GSTN - i.e SGST Input , CGST Input or IGST Input. ?
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