where to show RCM self generated invoice in 3B Or Gst R 1?
please clarify.
It has to be shown in GSTR2.
Tax payment on RCM can be discharged through 3B
6 Replies
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 19 March 2020
gstr _ 2 is not effect right now !
It is return where we need to shown details of inward supplies and credit thereon .
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 19 March 2020
Mr. Dey
Tax paid under RCM is not included in the Outward Supplies (Sec 2(82))
However , ITC can be claimed of rcm paid in the same month in which it is paid .
Important Note : RCM liability can not be set off with input tax credit in electronic ledger, it is required to pay in CASH .
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