transportation me jab rcm pay kar rahe hai to ek doubt aa rha hai..
Eg.- agar muje may month me rcm me tax pay karna hai.. rs.3000
Lekin vo tax mai june month me pay karunga...
To ab tally iski input muje may month me lene k liye bol rha hai...
Jabki muje aisa lagta hai ki...iski credit muje june month ki jab return file karu tab milni chahiye...
To sir plzz ye clear kar dijiye ki ye rcm tax jo may month ka june me pay ho rha hai...uski credit may month me lu ya june me??
Nd my logic to take credit in june month is.. mai credit 31st may tak jo tax pay kiya hai...usi ki lunga...
Menu
rcm input credit month
Replies (6)
different companies are following different strategies. some companies are taking input in same month others taken input next month. both versions may be correct. but as per my advise take input next month.
yes sir u r correct... meri tally solution me baat hui to unhone bola ki next version me vo iss cheej ko correct karenge
ok.In RCM cases nothing to worry. since we are paying and getting credit, hence no revenue loss for. govt, only one month delay and other wise nothing happened to govt.
lekin sir galat input lene ka matlab hai... aap section 73 or 74 k andar aa gaye...they charge interest and penalty
yes you are right 100 %.but here there 2 opinions. we should take step and able to manage department at time of notice or assessments.
YES YOU CAN CLAIM ON SAME MONTH
AS PER SECTION 31(3) RECEIPENT PAYING TAX UNDER RCM HAS TO ISSUE SELF INVOICE & ACCORDING TO SUB CLAUSE (b) TO RULE 36(1) INVOCIE ISSUED IN ACCORDANCE WITH PROVISION OF SECTION 31(3)(F) OF THE CGST ACT,.. PAYMENT OF TAX IS ELIGIBLE DOUCMENT FOR CLAIMING CREDIT OF INPUT,
SO ITS CLEAR FROM RULE 36(1) INVOICE RAISE BY RECEPIENT IS THE ELIGIBLE DOUMENT FOR CLAIMING INPUT
Recent Topic
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
Related Topics
CAclubindia
