GST ON IMPORT OF SERVICES WITHOUT PAYMENT OF TAX

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Proprietor
89 Points Posted on 24 May 2021

Dear All,

Suppose we have Import of Services without payment of Tax.

QUESTION : Where to show in GSTR 3B, wether to show in IMPORT OF SERVICES OR show in INWARDS SUPPLIES LIABLE FOR RCM ?

Please help.

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On 24 May 2021 at 18:06 Report
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Quick Summary
This discussion clarifies how to report imported services on the GSTR 3B when no tax was paid at the time of import. The consensus is that these should be shown under 'Inward supplies liable to reverse charge' (Table 3.1(d)). This means the importer is liable to pay GST under the Reverse Charge Mechanism (RCM) and should pay the IGST via a challan in cash, after which the credit can be claimed back.

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131 Points Posted on 24 May 2021
Shown in GSTR 3B ZERO RATED SUPPLIES
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On 24 May 2021 at 18:35
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GST Consultant
15986 Points Posted on 24 May 2021

Show it in nil rated exempt inward supplies

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On 24 May 2021 at 19:54
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131 Points Posted on 24 May 2021
Ignore Last Comment shown in Inward Supply Liable to RCM
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On 24 May 2021 at 20:03
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Proprietor
89 Points Posted on 25 May 2021

Its not clarified..!!

We have export sales also , Sales against LUT.

We need to mention Import of Services in GSTR 3B.

Please help.

 

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On 25 May 2021 at 10:59
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131 Points Posted on 25 May 2021
Since You import it but you have to pay GST on it since RCM applicable on you so shown in Inward Supply Liable for RCM in GSTR 3B

Export under LUT I.e Export Sale without IGST shown in Zero rated Supply in GSTR 3B
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On 25 May 2021 at 11:04
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Tax Consultant
298 Points Posted on 25 May 2021

Imports is ur Purchases then y u show in 3B, but hw can ur Imports i.e out of india will be without payment of Tax??

pl clarify as u have to pay IGST on Imports. 

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On 25 May 2021 at 11:58
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Learner
2398 Points Posted on 25 May 2021

Show in GSTR 3B  3.1(d) Inward supplies (liable to reverse charge)

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On 25 May 2021 at 12:43
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Proprietor
89 Points Posted on 26 May 2021

GREAT !!

THANKS TO ALL OF YOU FOR THE QUICK REPLIES & ITS BEEN RESOLVED.

We need to show in GSTR 3B 3.1(d) Inward Supplies liable to reverse Charge.

Also, need to show in GSTR 3B 4(A) (3)  Inward supplies liable to reverse charge

We need to pay IGST challan UNDER RCM in Cash & take the credit back.( Currently GST RATE 18%)

Thanks.

 

 

1 Reply
On 26 May 2021 at 08:20

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