Dear sir,
i m supplier of nil rated/ exempted goods, and i don't have any GST payable on that, But from now on i have to pay RCM on Freight every month. now how can i get Set off/Refund of RCM as i don't have any Payment liability.
5 Replies
yash
(accountant)
(519 Points)
Replied 16 March 2020
But i dont have any outward liability and if i claim that in 3b then it will cumulate every month nothing else
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 16 March 2020
Dear Yash
you are correct that your outward supply is nil rated , but nothing can be done in this regard . you have to carry input can't even claim refund for the same
you are correct that your outward supply is nil rated , but nothing can be done in this regard . you have to carry input can't even claim refund for the same
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