we are transporter
We issue bill without tax (for RCM payment). So is It Nil rated GST rate?
Means what is the treatment in GSTR 1 In which column no I will file D
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treatment of bill in GSTR 1
Replies (7)
Nil rated goods are not those on which no tax is payable these means those goods or services in respect of which under schedule specified under gst NiL has been mentioned .
no it is not nil rated you have to upload invoice in gstr 1 under B TO B and tick the button supply under rcm this will nor increase your tax liabiliry
follow steps
1- go to B2B
2- UPLOAD reciver gstn builty number .. value ... pos ... THEM OPTION YES SUPPLY ATTRACT REVERSE CHARGE .... then in 5% column fill bill value ... and save
1- go to B2B
2- UPLOAD reciver gstn builty number .. value ... pos ... THEM OPTION YES SUPPLY ATTRACT REVERSE CHARGE .... then in 5% column fill bill value ... and save
| Originally posted by : Mondira Saha | ||
 |
follow steps 1- go to B2B 2- UPLOAD reciver gstn builty number .. value ... pos ... THEM OPTION YES SUPPLY ATTRACT REVERSE CHARGE .... then in 5% column fill bill value ... and save |  |
just a small query sir RCM has deffrered till march / 18 still we need to show and pay tax?
after 13 oct 17 no RCM on unregistred purchase
but still you have to pay RCM on freight services and some more services
but still you have to pay RCM on freight services and some more services
rcm is deffer for purchase from unregistered but for notified goods and services rcm is not suspended
thans a lot to all of you for ur valuable time.
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