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Wrongly paid on RCM

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21 Points Posted on 11 September 2020
what if I paid gst on RCM which is not at all required to pay under RCM and should be paid by the supplier of service ? Can the supplier adjust his liability for the gst which is wrongly paid by the receiver on RCM?
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On 11 September 2020 at 11:18 Report
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student
24 Points Posted on 11 September 2020
No,the supplier cant adjust it with his liability,one thing you can do is adjust it with your actuall liability..
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On 11 September 2020 at 11:24
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21 Points Posted on 11 September 2020
Thanks for the response.. But the problem here is I do not have gst liability since I am dealing with exempted goods..Only thing I have is RCM..in that case, the gst paid which I have paid wrongly under RCM, can I claim refund or is there any other way..
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On 11 September 2020 at 11:37
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student
24 Points Posted on 11 September 2020
There is no provision for refund of RCM paid,you can adjust it with your upcoming rcm liabilities
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On 11 September 2020 at 11:55
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2 Points Posted on 07 October 2021

What is RCM is not applicable now onwards?

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On 07 October 2021 at 17:09


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