How to check GST Paid by Supplier in RCM under GST? Accounting Treatment of Reverse Charge Mechanism Key points dealing with RCM Who will issue the RCM invoice? RCM on freight limit 750 How are services by e-commerce operators treated under RCM? GST RCM on foreign expenses RCM under GST Tr...
Reverse charge mechanism is the case in which the receiver of goods is obligated to pay GST rather than supplier. Reverse charge mechanism (RCM)
We have received freight bill from un registered person at what percentage I have to pay GST As it is not reflecting in GSTR 2A how can I claim ITC benefit on the same please clarify - GST
Bhavika Kothari (CA) (1258 Points) Replied 19 July 2021 Reverse Charge Mechanism (RCM) on Facebook Advertisement Service is applicable since inception of GSTLeave a reply Your are not logged in . Please login to post replies Click here to Login / Register ...
5000 under RCM for transporter services and reflected this in your GST return for December 2020.- **ITC Claim in January 2021:** In January 2021, you attempted to claim Rs. 5000 as ITC, which resulted in a RED message, indicating an error or discrepancy.### Possible Reasons for the ...
The Hon'ble Supreme Court in Union of India & Anr. v. M/s Mohit Minerals Pvt. Ltd.[Civil Appeal No. 1390 of 2022 dated May 19, 2022] upheld the judgement given by the Hon'ble Gujarat High Court to hold that no IGST is payable on ocean freight under Rever
Our Gross Receipts are from 2 sources i e from sales of material and transportation services Now my question is 1 Whether I am liable to pay GST on outward transportation charges 2 Whether GST payable under RCM on inward Transportation Charges paid