30 October 2017
In case of gst payable on reverse charge mechanism is to be shown in gstr2 by clicking on supply attract reverse charge in table 3.1 4A.So that output liability is to be added in gstr3.My question is how the tax paid on RCM be availed as ITC?.whether it will automatically go into credit ledger in the next month? Second query if transporter is unregistered then where to claim ITC on tax paid on RCM?
31 October 2017
Dear Sabita,
If Tax paid on RCM for purchases from registered dealer then it will auto populated in GSTR 2 under table 3,4A
If purchases from Unregistered dealer and RCM is applicable where we raised self invoice then we should show that in GSTR 2 table 4A.
31 October 2017
@Dear Sabita Sahoo.,
You are exactly correct...
Bit, Small correction....
You ll be select ITC column as Eligible / Input Service after you can add the ITC amount...
These option apply in both sections (4B & 3,4A)....
CAclubindia
