Reverse charges

You can claim it in GSTR 1, 2 and 3 returns after filed.

Not in GSTR 3B. We can add it on Liability head also it comes RCM under Payment column

in which column of gstr 1 it ahould be mentioned??

You ll be show it in GSTR 2,,,

The transporter is Registered show it in GSTR 2 - 4A,

If URD show it in GSTR 2 - 4B

thanks alot Raja sir.now finally my doubt is cleared

thanks alot Raja sir.now finally my doubt is cleared

Dear sir,

We are a distributor of pepsi soft drinks. We have purchased soft  drinks from pepsico with  excise invoice. But we don't have excise registration. We have only VAT Registration. We sale soft drinks to local retailer customers.

But we have lot of stocks as on 30.06.2017. we have found excise duty paid on closing stock 120000/-.( With bill)

Now we shall eligible for taken  input credits? How to treat this type of credits? If we have got credit then  how to distribute input credit to customers. Pls give me solution.


Thanking you,

Venkat

at the time of challans for rcm the under which head the amount will be mentioned. I. e igst or cgst. transporter outside state

You can claim ITC on GST paid under RCM by showing the same in Serial No.(3) Inward supplies liable to reverse charge, under Tile No.4 Eligible ITC in GSTR3B

Originally posted by : Mohammad Saghir Adil
	thanks alot Raja sir.now finally my doubt is cleared

You are welcome Dear...

Originally posted by : venkat
	Dear sir,We are a distributor of pepsi soft drinks. We have purchased soft  drinks from pepsico with  excise invoice. But we don't have excise registration. We have only VAT Registration. We sale soft drinks to local retailer customers.But we have lot of stocks as on 30.06.2017. we have found excise duty paid on closing stock 120000/-.( With bill)Now we shall eligible for taken  input credits? How to treat this type of credits? If we have got credit then  how to distribute input credit to customers. Pls give me solution.Thanking you,Venkat

If you have Excise Invoices then you ll be filr TRAN 1 FORM and Take as ITC