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Freight RCM input

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surendra jain

74 Points Posted on 20 May 2023

when we take the freight RCM input in table 4 table turn red. what is the implication of this. but if we don't claim RCM input the table colur remain same. so my question is how to take RCM input of unregistered freight and in which table, which column

Replies (2)

Quick Summary

This discussion addresses an issue where entering freight RCM (Reverse Charge Mechanism) input causes a table to turn red. It clarifies that this red colour indicates claiming Input Tax Credit (ITC) exceeding GSTR-2B auto-population, which is expected for unregistered freight RCM. The advice is not to worry if the table turns red, but to claim the ITC if the RCM liability has been deposited in cash, as it won't auto-populate in GSTR-2B.

Sandeep Jain

Pivate

706 Points Posted on 20 May 2023

Show rcm liability under 3.1(d) inward supply liable to reverse charges and take input 4(3) inward supply liable to reverse charges ( other then 1&2 ) If table turn red then no need to worry.

Pankaj Rawat

GST Practitioner

29904 Points Posted on 20 May 2023

Yes its going to be red if you claim the ITC more then the reflected in GSTR-2B .
Since you have done RCM on freight from GTA (URD) it will not going to autopoplate in GSTR 2B , So need not worry Let it be become Red claim the ITC of you have deposited the same in cash.