RCM Turnover in GSTR 3 B
We are in DSC profile in NBFC sector, in proprietorship we are applicable RCM and in PVT LTD we collect GST and paying same. My question is that in proprietorship concern GSTR-1 we upload Invoice in RCM, in GSTR 3B do we show our turnover and where to show.
Replies (1)
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GSTR-3B Table 3.1(d): Declare your RCM tax liability.
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GSTR-3B Table 4(A)(3): Claim the Input Tax Credit for the RCM tax paid.
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GSTR-1: Generally not used for reporting your RCM purchases; focus on your outward sales.
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