Gst query on annual return - relating to rcm

We have paid advance rent for the whole year  FY 2017-18 in may’17 and the party(not registered in any  act, i.e. URD)  did not have service tax number so it was not taxable(both events i.e. issue of bill/contract and receipt is in pre-gst era)  but after Gst was introduced we came to know that it is to be taxed under RCM on inward supply from UTP) therefore it was assumed that rent was evenly spread during the year and RCM was payable for the months jul’17,aug’17 and sep’17 as after which from oct’17 RCM was not applicable. Therefore for the month of jul’17 we paid it under RCM but forgot to pay for aug’17 and sep’17 and also by mistake claimed the credit of RCM in aug’17 and sep’17 in 3B. So what is the effect on annual return tables?   If we have to pay now with interest then in future whether deprt can tell us to reverse the same?? 

Replies (5)
This can be corrected in Annual return
You should reverse the ITC and pay through DRC-03

we have paid tax under RCM in 2017-18 but availed the same in 2018-19 . how to declare it in GSTR 9..? any quick answers pls..

then pls check table 13 for same

In Pt.V 13 According to me For CA Ravi Kumar's Query

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
10 November 2026
FP&A Executive

Gujarat Guardian

Ankleshwar

CA Final

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
12 November 2026
Tax Product Specialist

BharatX.ai

Gurgaon

B.Com

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
CA Articleship / Article Assistant

M N Rao & Associates LLP

Vijayawada

CA Inter

View Details
Company
02 November 2026
Audit Executive

SRJP & Co LLP

Kochi

CA Inter

View Details