Reversal service machanism
hetal sangoi (Proprietor) (1324 Points)
17 February 2017hetal sangoi (Proprietor) (1324 Points)
17 February 2017
Mahesh Babu
(CA Final)
(618 Points)
Replied 14 March 2017
In the case of Full RCM without any part payment by Service Provider(SP), then need to mention the total Gross amount in the Point B1.1 of ST-3 return.
and incase of Partial reverse charge i.e. eaither 50& of 40% as the case may be, need to mention the "yes" in point A10 for both SP and SR and gross amount not required to show, only taxable amount under Partial RCM to be shown in the point B1.6