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RCM payable to the service receiver
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
Replies (12)
Dear Satya'
I didn't get you. Please explain your qurey in detail. So I can give you right answer.
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...
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
Thank you so much mam I think first I have to pay rcm and next month can I claim rcm input is it right
Can anyone tell me what is tax rate of photocopy/ scanning under RCM
yes you are right Mr satyanarayan
Thanks mam again one question on cab booking I enter cab invoice under RCM can I take input under rcm
ITC will not be available on Rent a cab service
Thank you so much mam
Can any one send Gstr 3B in excel format and how to file online/offline
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?
Yes You can avail ITC on RCM paid in same month in which it is paid
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