Menu
Reverse charge entry
hi, freight 10500 2% tds, please tell rcm entry.
Replies (5)
Yes, RCM will applicable in case of frieght
GST rate @ 5%
GST rate @ 5%
How we post rcm enty
In GSTR 3b
column 3.1 , there is one column available inward supply under RCM
here you have to put value with tax...
this payment, you have to pay only through Cash then take ITC for same in GSTr3b in column 4
column 3.1 , there is one column available inward supply under RCM
here you have to put value with tax...
this payment, you have to pay only through Cash then take ITC for same in GSTr3b in column 4
RCM 5% on freight amount
Entry, what we debit and what we credit
Recent Topic
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
- Tds on deceased's pan
- Exempt income declaration schedule EI in ITR2 (AY2
Related Topics
CAclubindia
