ITC on royalty paid through RCM

DEAR JEETU

THE QUERY WAS "RCM ON ROYALTY" YOU DID NOT DEFINE THE ROYALTY PAID IN RESPECT TO WHOM. IE THE ROYALTY ALSO PAID IN MINING.

ANYWAY, YES YOU ARE CORRECT,  IN TERM OF SECTION 17(2) OF CGST ACT NEED TO REVERSE, BUT YOU HAVE TO PASS 2 ENTRIES FOR SAME . FIRST REPORT IN TABLE 4(A)(5) AS INPUT & AT THE SAME TIME NEED TO SHOW REVERSAL IN TABLE 4(B) OF GSTR 3B