Whether GST paid on RCM for both URD as well as Regd Dealer is required to fill in GSTR-1 or only paid on Regd dealer?
GST paid under RCM whether purchase from URD or register dealer. both entries are will be mention in GSTR-2.
Are you sure that both must be entered in GSTR-2?
Yes and the date of filling of GSTR 2 for the month of July are 6-10th Sep in the present scenario.
Ok Thanks Dear.
You can take the credit of GST paid under RCM in the same tax period during the filing of GSTR-2.
Those details needs to be given in GSTR-1 part-4 and not GSTR-2.
There is lot of confusion regarding RCM. Can you please elaborate in details Deepak?
Please check GSTR-2 before advice.
Both in gstr 2.
RCM is where the recipient of the goods and/or services is liable to pay GST instead of the supplier. So you have to mention in GSTR2 and avail the input credit in the next month.
Sorry for the confusion Mr. Nishant. It is to be entered in part-4 of GSTR-2. Jitender, Anup, and Zareena are right.
OK thanks all for your answers.
As per rule no. 60(1) of CGST Rules 2017 Details of GST paid on RCM are to provided in GSTR-2 in serial no 4 4A. for the registered dealer. 4B. for the unregistered dealer. 4C. import of service.