Reverse charge

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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?
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On 17 February 2020 at 15:59 Report
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This discussion clarifies how to handle Reverse Charge Mechanism (RCM) input tax credit when you have no output liability. You can claim the RCM input as an input tax credit in your GSTR 3B return, even without output liability. This credit can then be carried forward to subsequent months' returns, functioning like regular input tax credit.

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35 Points Posted on 17 February 2020
Yes , once u claim it as input in ur returns then u can carry forward it
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On 17 February 2020 at 16:03
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"Do the Right Thing...!!!"
128157 Points Posted on 17 February 2020
What if we are not having any output liability ?

- No more problem if no output liability. You can show the same in the same months in GSTR 3B return. Column 3.1(d) as outward & column 4(A)(3) as input... And pay cash payment as per value...

will rcm input will be carried forward to next month?
- Yes... it's C/f as regular ITC in Your next (& subsequent) GSTR 3B return...
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On 17 February 2020 at 16:52

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