Reverse charge payment on gstr-3b

Return 439 views 2 replies

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

 

 

 

 

 

Replies (2)
on your sales @ 5% you can claim itc and after setoff you have to pay duty in cash on RCM and balance duty payable on sales
thank you, please tell final duty liability


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register