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Outward supply by local authority under rcm

ARCHIT CHONGDAR (n.a) (63 Points)

15 October 2018

LOCAL AUTHORITY PROVIDING SERVICE OF RENTING PLACE IS A SUPPLY UNDER RCM.

HOW TO SHOW THE TAXABLE VALUE OF SUPPLY LIABLE FOR RCM IN THE HANDS OF THE RECEIVER IN 3B

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7 Replies

Nilkesh kumar (no) (192 Points)
Replied 15 October 2018

It is not covered under RCM, refer notification no. 13/2017 ct

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Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 15 October 2018

As per Notification 13/2017 CT (R) , under s.no.5 : op
Yes Renting of Immovable Property By Local Authority is Under RCM , if the Recepient is Registered

Authority has to such entries in GSTR 1 under table B2B sale by clicking the option RCM therein

ARCHIT CHONGDAR (n.a) (63 Points)
Replied 25 October 2018

Sir the Service receiver is registered and the service is liable for RCM in the hands of Service receiver, treatment in GSTR 1 I know how to show it in 3B?

Should I show it in - table 1(a) Outward taxable services (other than exempted and nilrated ) as Amount in taxable value coloum and CGST, SGST as 0 ?

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 25 October 2018

YES , SHOULD BE SHOWN IN TABLE 4A IN GSTR1, AS I HAVE ALREADY REPLIED CLICK THE TOGGLE BUTTON ON FOR RCM THEREIN & CAN SELECT THE TAX RATE ALSO IT WILL NOT ADD TO YOUR OUTPUT LIABILITIES