PAYMENT OF GST
subhagan sreerangam (7056 Points)
11 October 2017subhagan sreerangam (7056 Points)
11 October 2017
g mahesh Mundra
(Business and tax consultant)
(3296 Points)
Replied 11 October 2017
subhagan sreerangam
(7056 Points)
Replied 12 October 2017
Vinod Araveti
(Practicing CA)
(1180 Points)
Replied 12 October 2017
You can avail the credit of RCM paid against the purchases from Unregistered persons. You can avail the credit in the same month in which RCM is paid.
subhagan sreerangam
(7056 Points)
Replied 12 October 2017
Vinod Araveti
(Practicing CA)
(1180 Points)
Replied 12 October 2017
You have to pay the liability as bellow
RCM laibility ( Cash) CGST ( Rs. 10,080) & SGST ( RS.10,080)
Out Put liability CGST ( RS.11,592) & SGST ( RS.11,592)
Less: INput credit CGST ( Rs.10,080) & SGST (Rs.10,080)
Net payable ( cash ) CGST ( RS.1512) & SGST ( Rs.1512)
subhagan sreerangam
(7056 Points)
Replied 12 October 2017