Dear All,
Suppose we have Import of Services without payment of Tax.
QUESTION : Where to show in GSTR 3B, wether to show in IMPORT OF SERVICES OR show in INWARDS SUPPLIES LIABLE FOR RCM ?
Please help.
Varun (Proprietor) (89 Points)
24 May 2021Dear All,
Suppose we have Import of Services without payment of Tax.
QUESTION : Where to show in GSTR 3B, wether to show in IMPORT OF SERVICES OR show in INWARDS SUPPLIES LIABLE FOR RCM ?
Please help.
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 24 May 2021
Show it in nil rated exempt inward supplies
Jay Chichani
(131 Points)
Replied 24 May 2021
Varun
(Proprietor)
(89 Points)
Replied 25 May 2021
Its not clarified..!!
We have export sales also , Sales against LUT.
We need to mention Import of Services in GSTR 3B.
Please help.
Jay Chichani
(131 Points)
Replied 25 May 2021
Siddharth Kishan Mane
(Tax Consultant)
(283 Points)
Replied 25 May 2021
Imports is ur Purchases then y u show in 3B, but hw can ur Imports i.e out of india will be without payment of Tax??
pl clarify as u have to pay IGST on Imports.
Sivaramaraju G
(Learner)
(2398 Points)
Replied 25 May 2021
Show in GSTR 3B 3.1(d) Inward supplies (liable to reverse charge)
Varun
(Proprietor)
(89 Points)
Replied 26 May 2021
GREAT !!
THANKS TO ALL OF YOU FOR THE QUICK REPLIES & ITS BEEN RESOLVED.
We need to show in GSTR 3B 3.1(d) Inward Supplies liable to reverse Charge.
Also, need to show in GSTR 3B 4(A) (3) Inward supplies liable to reverse charge
We need to pay IGST challan UNDER RCM in Cash & take the credit back.( Currently GST RATE 18%)
Thanks.