Is an ISD liable to pay tax under RCM?
If yes, then how and where to show it in the GSTR-6?
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GSTR-6
Replies (2)
Distribution of Input Tax credit: The credit of tax paid under reverse charge mechanism is not available for distribution to the recipients. So, the ISD has to utilize such credit only as a normal taxpayer.
Hence not shown in gstr 6
Hence not shown in gstr 6
ThanQ so much Heena for your help, but please let me know that if we can't utilize such credit then is it necessary for a person registered as an ISD to pay tax under RCM?
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