Where we have to enter the details of RCM charged on Transportation Exp., either in GSTR 1 or 2, as I have entered 3.1(Outward Supply) and 4(Eliglible ITC) Table of GSTR 3B. Kindly respond.
12 Replies
Ashok Kaundal
(10 Points)
Replied 03 September 2017
if the rcm from regustered user then b2b otherwise in others coulmn same as sale inv
Yash Goyal
(Accountant Businessmen)
(209 Points)
Replied 03 September 2017
So, Totally where we have to enter the details of RCM in GSTR 1,2
In GSTR 1, I will enter it in Table 7?
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 04 September 2017
GSTR 2, Column No 4B....
stapler
(bus)
(307 Points)
Replied 04 September 2017
What I can understand is that in GSTR1 4B, the registered supplier (or GTA as in the original question) will fill details of his supplies, and tick the RCM check box. Thus, liability to pay tax will then shift to the recipient, and 4A of recipient's GSTR2 will accordingly be auto populated. As regards RCM on supplies received from Unregistered suppliers, the details of the same will be entered by the recipient in 4B of GSTR2.
Dear Experts, pls confirm my view if this is correct. Otherwise, pls advise the correct procedure. TIA.
Dear Experts, pls confirm my view if this is correct. Otherwise, pls advise the correct procedure. TIA.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 05 September 2017
Yes. You correct Mr. Vikky.
We are enter the details if we purchased from URD & Composition dealer. Other wise purchased from RD they ll be enter the details in their GSTR 1 and it's reflected in our gstr2 also if RD is GTA...
We are enter the details if we purchased from URD & Composition dealer. Other wise purchased from RD they ll be enter the details in their GSTR 1 and it's reflected in our gstr2 also if RD is GTA...
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