i paid 5% reverse charges on behalf of my transporter in Gstr 3b.
ow what is the procedure to claim it back and how??
pleaae guide.
Reverse charges
Mohammad Saghir Adil (87 Points)
21 September 2017Mohammad Saghir Adil (87 Points)
21 September 2017i paid 5% reverse charges on behalf of my transporter in Gstr 3b.
ow what is the procedure to claim it back and how??
pleaae guide.
RAJA P M
("Do the Right Thing...!!!")
(128042 Points)
Replied 21 September 2017
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
Mohammad Saghir Adil
(87 Points)
Replied 21 September 2017
RAJA P M
("Do the Right Thing...!!!")
(128042 Points)
Replied 21 September 2017
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
Mohammad Saghir Adil
(87 Points)
Replied 21 September 2017
Mohammad Saghir Adil
(87 Points)
Replied 21 September 2017
venkat
(MANAGER- ACCOUNTS)
(62 Points)
Replied 21 September 2017
om AGRAWALLA
(51 Points)
Replied 21 September 2017
Girish Momaya
(Tax consultant)
(43 Points)
Replied 22 September 2017
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
RAJA P M
("Do the Right Thing...!!!")
(128042 Points)
Replied 22 September 2017
Originally posted by : Mohammad Saghir Adil | ||
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thanks alot Raja sir.now finally my doubt is cleared | ![]() |
You are welcome Dear...
RAJA P M
("Do the Right Thing...!!!")
(128042 Points)
Replied 22 September 2017
Originally posted by : venkat | ||
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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
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