Transportation charges receved by petrol dealer iocl rcm 5%, how to it show in gst return by p pump

transportation charges receved by petrol dealer from iocl rcm 5%, how to it show in gst return by petrol pump

 Petrol Pump dealer has his owned Fuel tanker using by him for bringing the Petrol Diesel from the fPetrol Pump dealer has his owned Fuel tanker using by him for bringing the Petrol Diesel from the fuel Depot to his outlet ,and HPCL is paying consideration for it

Read more at: https://www.caclubindia.com/forum/tanker-owned-by-a-perol-pump-dealer-589715.asp
Replies (1)

To report transportation charges under RCM in your GST return:

  1. Pay the tax in cash via your electronic cash ledger.

  2. Declare the inward supply in Table 3.1(d) of GSTR-3B.

  3. Claim the Input Tax Credit (ITC) in Table 4(A)(3) of the same GSTR-3B return once the tax is paid.

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