ITC of reverse charge???
Page no : 2
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 25 September 2017
rinku gupta
(accountant)
(435 Points)
Replied 25 September 2017
anshul aggarwal
(Consultant)
(1074 Points)
Replied 25 September 2017
Shifa,
You can get ITC credit if RCM in same month. If you have forgot to demand in July you can do it in Aug GSTR3b.
Ankit,
Amount will be reflected in credit ledger as ITC.
Also ITC on amount above 5000 IS also eligible except for few items that food, radio taxi etc
anshul aggarwal
(Consultant)
(1074 Points)
Replied 25 September 2017
anshul aggarwal
(Consultant)
(1074 Points)
Replied 25 September 2017
If regd. GTA has charged GST then it has to be shown on invoice. then no need to pay on RCM basis. IF GST is not shown on invoice then you have to pay on RCM basis and take credit later
anshul aggarwal
(Consultant)
(1074 Points)
Replied 25 September 2017
Regd. GTA can also charge GST irrespective of recipient/seller is regd or unregistered.
Baldev Prajapati
(264 Points)
Replied 25 September 2017
pls answer Raja sir
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 25 September 2017
mahendra
(Asst. Accountant)
(24 Points)
Replied 25 September 2017
tell me in about reverse charges & percentage on frieght and other expenses which is under reverse charges
how to show stock summery with HSN code in Tally erp9
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