where to show RCM self generated invoice in 3B Or Gst R 1?
please clarify.
It has to be shown in GSTR2.
Tax payment on RCM can be discharged through 3B
Sharmila
(29 Points)
Replied 18 March 2020
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 19 March 2020
gstr _ 2 is not effect right now !
It is return where we need to shown details of inward supplies and credit thereon .
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 19 March 2020
Mr. Dey
Tax paid under RCM is not included in the Outward Supplies (Sec 2(82))
However , ITC can be claimed of rcm paid in the same month in which it is paid .
Important Note : RCM liability can not be set off with input tax credit in electronic ledger, it is required to pay in CASH .
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