GST on RCM
vishwadh14@gmail.com (17 Points)
17 August 2020
As a service provider where to show the taxable value in GSTR-3B, on which GST is payable by service receiver.
2 Replies
vishwadh14@gmail.com
(17 Points)
Replied 17 August 2020
If I shown in 3.1 of GSTR-3B , I have to show tax figures.
CA Sachin M Jain
(CA | GST | Refunds | Advisory | Litigation)
(1337 Points)
Replied 19 August 2020
This is the hot topic, of reporting of outward Supplies in GSTR 3B wherein GST is payable by the recipient on RCM.
There is no specific field to report such outward Supplies in GSTR 3B.
If you report under table 3(1)(a) keeping Gst amout as zero then GST portal will show error that tax amount cannot be zero.
For further clarification contact -
CA Sachin M Jain
#Stayconnected #stayupdated
Mobile : 8097515447
WhatsApp : tinyurl.com/wCASMJ
Email : casachinmjain @ gmail.com
LinkedIn : tinyurl.com/LCASMJ
YouTube : tinyurl.com/YCASMJ
Twitter : tinyurl.com/TCASMJ
There is no specific field to report such outward Supplies in GSTR 3B.
If you report under table 3(1)(a) keeping Gst amout as zero then GST portal will show error that tax amount cannot be zero.
For further clarification contact -
CA Sachin M Jain
#Stayconnected #stayupdated
Mobile : 8097515447
WhatsApp : tinyurl.com/wCASMJ
Email : casachinmjain @ gmail.com
LinkedIn : tinyurl.com/LCASMJ
YouTube : tinyurl.com/YCASMJ
Twitter : tinyurl.com/TCASMJ
Recent Topics
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
Related Threads
CAclubindia
