RCM payment Due Date

To determine the due date for payment of RCM GST on rent, let's break down the key dates:

 1. _Date of Booking Rent_: 31/10/2024 (JV passed)

 2. _Actual Payment Date_: 05/01/2025 RCM GST Due Date As per the GST laws:

1. _Section 31 of the CGST Act, 2017_: Specifies that the due date for payment of GST is the earlier of: - The due date for furnishing the return (GSTR-3B) for the tax period in which the supply is made. - The actual date of payment.

 2. _Notification No. 57/2020-Central Tax dated 30.06.2020_: Clarifies that the due date for payment of GST under RCM is the due date for furnishing the return (GSTR-3B) for the tax period in which the supply is made. Considering the above: - The tax period is October 2024 (since the JV was passed on 31/10/2024). - The due date for furnishing GSTR-3B for October 2024 is 20/11/2024 (assuming a regular taxpayer). -

However, since the actual payment was made on 05/01/2025, the due date for payment of RCM GST on rent is *20/01/2025* (i.e., the due date for furnishing GSTR-3B for the tax period December 2024).

 Please note that this is based on the assumption that you're a regular taxpayer and the due dates for GSTR-3B are as per the standard calendar. If you have any specific circumstances or doubts, it's always best to consult with a tax professional or chartered accountant.