logo T a x - L o k
A Complete Solution of All Your Tax Problems
Developed by Prakhar Softech Services Ltd.
(In Association with Shanti Prime Publication Pvt. Ltd.)
Call Us 09001929869
Call Us Shopping Bag (0)
  • follow us on facebook
  • follow us on twitter
  • follow us on google plus
  • follow us on linkedin
  • follow us on pinterest
  • rss fee
  • Visitors 
  • 0
  • 8
  • 1
  • 7
  • 7
  • 9
  • 5
News :
News
Sub
Loding Content
Submit a Query
  Refresh
   Verification Code
View Orders
show products
FB Followers
What is New
Finance Bill 2018-19
Budget Speech 2018-19
Query Answer
go to back

Where supplier is engaged in both taxable and exempted supply, where we have to disclose the restricted RCM while filing GSTR-3B return?

Reply

As mentioned in the query, taxpayer is supplying both taxable and exempt goods, as per Rule 42 of CGST Rules, 2017, ITC (RCM) needs to be reverse to the proportion of exempted supply of goods.

Such amount of reversal is to be shown under column 4(B)(1) of GSTR-3B.

go to back