Go AD-Free with CAclubindia Pro and Daily WhatsApp Updates. Subscribe Now!

RCM-Regarding

250 views 2 replies

SHEIK FAREED

TAX PRACTITIONER

96 Points Joined April 2016

Dear Experts,

1) Goods purchased from URD. Is there applicable to pay reverse charge?
2) How to show in 3B?
3) Should i pay reverse charge & When i will claim it?

Kindly clear aforesaid doubts...

Replies (2)

rahul

1620 Points Joined November 2010

no reverse charge except some specified services like advocate..

RAJA P M

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

128147 Points Joined January 2015

3. You can claim the RCM related ITC in the same month or next month. (Better to avail next month).

2. At the time of liability show in 3.1(d).
At the time of Input claim show in 4-A(3)

1. As per sec 9(3) & 9(4) rcm applicable under GST. Sec 9(4) says URD related GST RCM from Inward supplies from URD.
But,
In current scenario RCM not applicable sec 9(4) from 13th October 17 to 30th September 2018...