banner_ad

RCM payable to the service receiver

RCM 396 views 12 replies
User Avatar

22 Points Posted on 01 August 2017
Sir I have a query RCM part will be paid by service receiver but my rcm liability for example 10000 and my rcm input 10000 if I set of my rcm output and input after no any liability is it right and nothing have to pay in Gst department
Reply Share Follow
On 01 August 2017 at 10:25 Report
Replies (12)
User Avatar

Chartered Accountant
763 Points Posted on 01 August 2017

Dear Satya'

 

I didn't get you. Please explain your qurey in detail. So I can give you right answer.

Reply
On 01 August 2017 at 10:39
User Avatar

22 Points Posted on 01 August 2017
Sir my query means I am liable to pay rcm but my rcm input already equal to rcm output liability so I think no any tax amount paid by me...
Reply
On 01 August 2017 at 11:37
User Avatar

Chartered Accountant
1085 Points Posted on 01 August 2017

Liability of RCM must be paid first than only you can avail ITC of that means RCM cannot be set off from any ITC available to you

7 Reply
On 01 August 2017 at 16:37
User Avatar

student
26 Points Posted on 01 August 2017
Thank you so much mam I think first I have to pay rcm and next month can I claim rcm input is it right
Reply
On 01 August 2017 at 22:27
User Avatar

22 Points Posted on 01 August 2017
Can anyone tell me what is tax rate of photocopy/ scanning under RCM
Reply
On 01 August 2017 at 22:35
User Avatar

Chartered Accountant
1085 Points Posted on 02 August 2017

yes you are right Mr satyanarayan

7 Reply
On 02 August 2017 at 11:06
User Avatar

22 Points Posted on 02 August 2017
Thanks mam again one question on cab booking I enter cab invoice under RCM can I take input under rcm
Reply
On 02 August 2017 at 12:04
User Avatar

Chartered Accountant
1085 Points Posted on 02 August 2017

ITC will not be available on Rent a cab service

7 Reply
On 02 August 2017 at 12:09
User Avatar

22 Points Posted on 02 August 2017
Thank you so much mam
Reply
On 02 August 2017 at 12:11
User Avatar

student
26 Points Posted on 02 August 2017
Can any one send Gstr 3B in excel format and how to file online/offline
Reply
On 02 August 2017 at 18:05
User Avatar

22 Points Posted on 24 August 2017
Neha mam time one of my last question of rcm liability first paid and next month we can take rcm input... But our CA firm in Gstr 3b first pay rcm and claim itc same month so is it right?
Reply
On 24 August 2017 at 06:29
User Avatar

Chartered Accountant
1085 Points Posted on 25 August 2017

Yes You can avail ITC on RCM paid in same month in which it is paid

7 Reply
On 25 August 2017 at 11:34


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details