Reverse charge entry

This discussion clarifies the Reverse Charge Mechanism (RCM) entry for freight charges, specifically when GST is applicable at 5%. It explains how to post the RCM entry, including the relevant debit and credit entries. The advice covers reporting the RCM amount in GSTR 3B, column 3.1 for inward supplies, and how to claim the Input Tax Credit (ITC) for the paid tax via GSTR 3B, column 4.