where the tcs amount( paid by the supplier of goods at the time of purchase)is shown in GSTR3B
cash ledger or credit ledger.
Is it set off from the output tax liability of the supplier.
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Query related to tcs
Replies (4)
Quick Summary
No you can't show the amount which you have collected from TCS in GSTR 3B
How the supplier will get credit of tcs which he was paid to the purchaser at the time of purchased.
By crediting cash ledger
The details will be available in GSTR 2A of the supplier after the operator files the same on GSTR 8.The tax collected will be reflected on the Electronic Cash Ledger which the supplier can claim after reconciling the supplies with GSTR 2A.
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