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Reverse Charges

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629 Points Posted on 22 December 2020
Sir,

We have got the service from transporter And Paid the value Rs.120000 by cheque. Also paid the RCM Rs.6000 and claimed the ITC in current month. But same RCM deposit by transporter which reflect in my 2A.
please suggest Can I eligible to Claim ITC Rs.6000 which was deposit by transporter.2nd Why transporter deposit the RCM ?
Kindly guide
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On 22 December 2020 at 21:11 Report
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"Do the Right Thing...!!!"
128152 Points Posted on 22 December 2020
Transporter not deposit Tax...
He file his GSTR-1 and Shown the transport bill as rcm supply...

Correctly check out the GSTR 2A for the transporter's bill it's showing rcm applicable option as "Yes"...
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On 22 December 2020 at 22:03
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629 Points Posted on 22 December 2020
Yes Raja Sir, it's mentioned so Sir can I claim the ITC or no
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On 22 December 2020 at 22:07
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QUALIFIED CHARTERED ACCOUNTANT
613 Points Posted on 22 December 2020

Yes, You can claim GST input for RCM amount

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On 22 December 2020 at 23:58
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"Do the Right Thing...!!!"
128152 Points Posted on 23 December 2020
You can claim ITC which is paid by You as rcm...

You can't claim ITC based on transporter's filing if You are not paid GST as rcm to transporter.
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On 23 December 2020 at 06:41
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Practicing Chartered Accountant
959 Points Posted on 24 December 2020
It is reflecting in your GSTR 2A because the transporter has shown it as its outward supplies which is liable for RCM.
It is only showing in your GSTR 2A only for your information.
You can claim ITC only when you have paid that 6000 to the government in the form of RCM Liability.
1 Reply
On 24 December 2020 at 09:24
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629 Points Posted on 24 December 2020
Thank you Raja Sir
Thank you Divyam Sir
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On 24 December 2020 at 11:54
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BUSINESS DEVELOPMENT MANAGER
1697 Points Posted on 24 December 2020

yes you are eligible to claim gst input for RCM

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On 24 December 2020 at 12:03


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