We have paid GST on RCM in the month of Dec, now we need to claim the credit. Can you please explain how do i need to claim the same.
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How to claim the credit of rcm
Replies (12)
you can claim as a same month input credit in which you are paid RCM.
How to claim in the same? If we claim in the same month then GST payable will be nil,
first RCM paid in cash than it will be take its as credit and it is adjust with other liability of same month if you not have any other liability than it will be carry forward to the next moth.
In GSTR3B u can claim in the same month
It is right?
Ya it is right.... Total gst liability comes to Rs. 700....out of which Rs. 200 set off as Rcm
Thank You Sir.
i have not claimed RCM o. job work for the period July to Aug which I have paid . can I claim it now in jan return
Yes u can claim in Jan month Gstr3B... And in respective month Gstr2 add RCM invoice at the time of filling GSTR2... When GSTR2 filing is enabled
Add RCM invoice in July to September month GSTR2 at the time of filling
What is the GST rate for sponsorship received by the medical college for fest.
Gst on sponsorship services 18%
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