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RCM ON INWARD SUPPLIES

Vijay Mohan (359 Points)

19 April 2021  
in gst 3b RCM ON inward supplies are showing in auto populated gate 3b in gst portal for supplies from transport .
but my client not claimed any ITC.
SHALL HE LIABLE TO PAY.
IF he does not pay there is variance in gate 3b.
shall he file gate 3b without paying.

 2 Replies

CA Puja Sharma (Chartered Accountant) (621 Points)
Replied 19 April 2021

Yes, if there is no RCM liability then no need to pay and claim the ITC. 

Submit the return with red highlighted figures. 

CMA Poornima Madhava (CMA) (13007 Points)
Replied 19 April 2021

If such transactions do exist in the books of the the registered person as well, then such person is liable to pay GST under RCM and avail ITC, though net effect would be the same.

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