Reverse charge payment

RCM 110 views 4 replies
Is we are required to pay RCM liability in cash anyhow??
Replies (4)

Yes, provided exceed basic exemption limits.......

Yes...
You must pay declared RCM related activities...
Other URD inwards you can get 5k ceiling limit. If exceeding 5k you ll be pay Tax under RCM basis...


In case you can't pay RCM related payments then you can't account in your books...
If you ll be booked it with payment of RCM... You can pay a huge amount at the time of finalize/audit the accounts...
how to show GSTR 1 2 and 3b
I have not showing GSTR 3B August
@ Dear Prasad.,
Please ask separately. Can't understand your above said reply....!


CCI Pro

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