Reverse charge

214 views
User Avatar

31 Points Posted on 17 February 2020
what if we are not having any output liability ? will rcm input will be carried forward to next month?
0 Reply Share Follow
On 17 February 2020 at 15:59 Report
Replies (2)
Quick Summary
This discussion clarifies how the Reverse Charge Mechanism (RCM) impacts input tax credit. If RCM is paid, it can be claimed in your GSTR-3B return. Importantly, any unutilised RCM input tax credit can indeed be carried forward to the subsequent tax period.

User Avatar

banglore
1496 Points Posted on 17 February 2020
If RCM is paid, then avail same in GSTR-3B and it would get carried forward to next month.
Reply
On 17 February 2020 at 16:34
User Avatar

GST Practitioner
55067 Points Posted on 17 February 2020
Yes definitely......
..
Reply
On 17 February 2020 at 21:09

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. IT Return Refund Status AY 2026-27
  2. Clarification Regarding Income Tax Demand Notice
  3. Online PAN Download: Check How?
  4. Demand of Late fee/Interest under section 75 of GS
  5. DSC registration on TRACES portal
  6. Can we get registered for MCA if we get a Virtual
  7. DONATION PAYMENT REG
  8. GST IDS Refund – Statement 01A: Invoice Not
  9. TDS deposit code & TDS return
  10. AIS VS GST Mismatch- FY 2025-26

More recent discussions | Post

Related Topics :

Loading