RCM on import freight

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35 Points Posted on 15 January 2021
Within how many days GST payment has to be made for RCM on Import freight.
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On 15 January 2021 at 17:26 Report
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This discussion clarifies the GST payment deadline for Reverse Charge Mechanism (RCM) on import freight, referencing sections 12(3) and 13(3) of the CGST Act 2017. It also addresses a specific query about incorrectly charging 12% GST instead of 5% on GTA bills under RCM, and whether this error creates a tax liability for the supplier.

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Chartered Accountant
494 Points Posted on 17 January 2021
Plz refer section 12(3)/ 13(3) of cgst act 2017.
time of supply for rcm
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On 17 January 2021 at 00:30
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accountant
41 Points Posted on 09 February 2021
I hv charged rcm 12% in place of 5% on gta bills to receipents, so and filed GSTR 1 on @ 12% on rcm mode basis but the mistake charged 12% in place of 5%, is there any tax liability to me
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On 09 February 2021 at 20:44

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