Hello all.
I (from T.N.) have recently made a purchases from Indian railway (A.P.) under RCM basis. I am liable to pay the IGST on the said purchases. If I pay the IGST in my December GSTR3B then when am I eligible to claim the credit of the IGST amount paid as above.
Kindly help.
12 Replies
Divakar
(Student CA Final )
(11857 Points)
Replied 11 December 2017
If u purchased in December month then u can take itc of that in December gstr3b... I. e filed on 20 January... In the same month of purchase u can take itc of that
jeetu
(self employed)
(66 Points)
Replied 11 December 2017
sir but itc under RCM should be claimed in next month only.
So am I allowed to claim it in January or the same month i.e. December... Confused.
So am I allowed to claim it in January or the same month i.e. December... Confused.
Divakar
(Student CA Final )
(11857 Points)
Replied 11 December 2017
Send me ur mailid... I will send u gst @ goi clarification that gst om rcm basis... Itc on that in same month... After that u urself clear
Divakar
(Student CA Final )
(11857 Points)
Replied 11 December 2017
December month return should be filed in January month... At that time u can take... Same month means gstr 3b of December is filed in January... Then u can take itc
Divakar
(Student CA Final )
(11857 Points)
Replied 11 December 2017
So the December month purchase.. Rcm paid on it... December month Gstr3B should be filed in January month then u can take itc... This is same month allowed.. Means that
jeetu
(self employed)
(66 Points)
Replied 11 December 2017
my mail id ig2.parmar @ gmail.com.
thanks.
thanks.
Divakar
(Student CA Final )
(11857 Points)
Replied 11 December 2017
When u hv made purchases on which the u paid rcm?? Hv u got the mail
jeetu
(self employed)
(66 Points)
Replied 11 December 2017
ya received Ur mail. Thanks.
is that applicable for both goods and services and
can I pay RCM in advance i.e. before filing my GSTR3B because goods purchased on 5th Dec and the railway department is demanding for receipt of payment of the GST amount at the earliest. so should I wait till 20th Jan or make payment immediately using the create challan option in the GST portal and then file my GSTR3B in the month of jan
is that applicable for both goods and services and
can I pay RCM in advance i.e. before filing my GSTR3B because goods purchased on 5th Dec and the railway department is demanding for receipt of payment of the GST amount at the earliest. so should I wait till 20th Jan or make payment immediately using the create challan option in the GST portal and then file my GSTR3B in the month of jan
Divakar
(Student CA Final )
(11857 Points)
Replied 11 December 2017
Ur liability for paying gst upto 20th January... Its upon on u when want to pay... Pay as per ur convenience... Yes u can paid in this month also but get credit in next month only... This credit is same month concept when u take in January not in next month... Hope now u will understand...
Divakar
(Student CA Final )
(11857 Points)
Replied 11 December 2017
After paying rcm... Leave it as it and setoff in December month Gstr3B
Vineet Goyal - indiaitr.com
(Founder of IndiaITR.com)
(184 Points)
Replied 11 December 2017
next month. In Jan, you can claim credit.
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