Reverse charge payment on gstr-3b

SWAMY KARLAPUDI (Professional) (168 Points)

16 August 2017  

Dear Sir,

 

My question is how to make payment  of GST on purchases (where RCM applies)?

The details are given in the below example..

Suppose I  have purchases of Rs.500000 from unregistered dealers (so 5% RCM applies) and another Rs.500000 from registered dealers (where I can claim input 5%) in July.

My total sales for July are Rs.1200000 (5% GST Rate)

In the above situation what is my GST liability for July and how to file the Return GSTR 3B before 20th of this month ?

Kindly reply sir...

 

Thanks in Advance..

Swamy