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Reverse charge payment on gstr-3b

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Dear Sir,

 

My question is how to make payment  of GST on purchases (where RCM applies)?

The details are given in the below example..

Suppose I  have purchases of Rs.500000 from unregistered dealers (so 5% RCM applies) and another Rs.500000 from registered dealers (where I can claim input 5%) in July.

My total sales for July are Rs.1200000 (5% GST Rate)

In the above situation what is my GST liability for July and how to file the Return GSTR 3B before 20th of this month ?

Kindly reply sir...

 

Thanks in Advance..

Swamy

 

 

 

 

 

Replies (2)
on your sales @ 5% you can claim itc and after setoff you have to pay duty in cash on RCM and balance duty payable on sales
thank you, please tell final duty liability


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