dear sir
please guide me that i have provided gta serices to a registered business on RCM meathod so do i have to metion taxes in hsn colum no 12 for example i have made supply of service of 10000 and 5% tax 500
so i have to fill deatils 10000 supply value and 500 tax and will that ne counted in my gstr 3b liability ?
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GST ON GTS services for RCM
Replies (1)
You do not need to report this in your HSN summary in GSTR-1 as it is an RCM inward supply. Instead, report the supply value and tax under Table 3.1(d) of your GSTR-3B, pay the tax in cash, and subsequently claim the equivalent amount as Input Tax Credit (ITC) in Table 4 of the same return.
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