Rcm confusion

RCM 278 views 5 replies

caclub member

accountant

46 Points Posted on 17 January 2020

service took from xyz cargo.he is registered but gst no not mentioned on the slip. charges paid total 2000/-.gst tax not mentioned in the bill.
1.should i pay rcm on 2000/-.
2.earlier i paid rcm from cash ledger,and took itc manually ,but while reconcile 3b vs 2a,the amount of rcm not reflected in 2a,hence shows as pending liability.
what is treatment to offset the liability.

Replies (5)

RAJA P M

"Do the Right Thing...!!!"

128147 Points Posted on 17 January 2020

Originally posted by : caclub member

service took from xyz cargo.he is registered but gst no not mentioned on the slip. charges paid total 2000/-.gst tax not mentioned in the bill.

1.should i pay rcm on 2000/-.

- Ans : Yes... If he is GTA then You pay GST Tax under RCM basis on 2000

2.earlier i paid rcm from cash ledger,and took itc manually ,but while reconcile 3b vs 2a,the amount of rcm not reflected in 2a,hence shows as pending liability.what is treatment to offset the liability...

- Ans : RCM related ITC not showing in GSTR-2A. We only consider the ITC in Our Books & GSTR returns. Don't be feel about that...

jasmeet singh

220 Points Posted on 17 January 2020

Please verify From the GTA that he had not charged the gst ,or not bifurcated on slip.
if not charged by him then you have to pay under RCM.
and shows it in inward supply liable to RCM

RAJA P M

"Do the Right Thing...!!!"

128147 Points Posted on 17 January 2020

Originally posted by : jasmeet singh
	Please verify From the GTA that he had not charged the gst ,or not bifurcated on slip.if not charged by him then you have to pay under RCM.and shows it in inward supply liable to RCM

First will verify he is GTA on Non-GTA...