RCM Invoices Reporting in GSTR 3B

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Hi Sir/Madam

 

We want to report RCM Invoice is GSTR 3B 

Taxable Value - 100000

IGST - 18000

Please advise how to report in GSTR 3B 

Thanks

Replies (3)

To report a Reverse Charge Mechanism (RCM) invoice in GSTR-3B, follow these steps:

  1. Taxable Value: Enter the taxable value of ₹100,000 under Table 3.1(d), which is for inward supplies liable to reverse charge.

  2. IGST: Report the IGST amount of ₹18,000 in the same section under the appropriate tax head.

  3. Input Tax Credit (ITC): If you're eligible to claim ITC on the IGST paid under RCM, you can report it in Table 4(A)(3), which is for ITC on inward supplies liable to reverse charge.

 This turns Table 4 Red .  any remedy

Report this under Table 4A.3 (Reverse Charge, where IGST is reported).


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