Gstr-3b
Querist : Anonymous
We take legal service from advocate (Karnataka states) and he send bill to us (Mumbai) Rs.200000/- without any GST Charged. We have paid Rs.180000/- after deduction of TDS.
A) The GST Tax is appliable - IGST- @18% - 36000/- (Inward supplies liable to Reverse Charge)
B) Purchase Laptop- 104400/-- IGST- @18% - 18792/- (Karnataka)
Professional Fees Paid-- 32500/- SGST/CGST @18% - 5850/-
Purchase Shares----------5914/- SGST/CGST @18% - 1065/-
(on Brokerage) Total -- 25707
C) ITC---Credit Ledger Opening Balance SGST/CGST ----- 9882/-
Now Tax liability is : RCM : A)36000 /-
Less : - B)25707/-
Less : - C)9882/-
Balance Tax Payable : 411/-
Please advise in above matters as earliest.
Thank & Regards
NNK
Querist : Anonymous
Input Tax Credit cannot be adjusted against Tax Liability under Reverse Charge Mechanism
Tax liability under Reverse Charge Mechanism can only be paid through cash mode only.
Querist : Anonymous
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