WHERE TO ENTERED THE RCM CREDIT ENTRY IN GSTR3B RETURN
4 Replies
RENU SHARMA
(1388 Points)
Replied 14 April 2021
In Gstr3b return 3.1 (d) details of outward supplies and inward supplies liable to reverse charge
and 4.1 (A) Eligible ITC
and 4.1 (A) Eligible ITC
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 14 April 2021
The recipient has to report in Table 3.1 (D) of GSTR-3B (inward supplies liable to reverse charge). The recipient has to discharge the liability through electronic cash ledger while filing his GSTR-3B. The recipient can utilise ITC on purchases under RCM only in the next tax period.
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