CLARITY IN RETURN 3BGSTR REGARDING REVESE POSTING AND THEN CREDIT THE SAME

[nandankumar roy]

DEAR SIR,

PLEASE CLARITY IN RETURN 3BGSTR OF MEDICINE MGF CO REGARDING POSTING OF 3(D) SECTION IMPORT OF SERVICE WHERE HAVE TO POST 5% ON TOTAL FIGURE OF GTA BILL U/S 9(3) AT PLACE IMPORT OF SERVICE AND UNREGISTERED PURCHASE EXPENCE- % OF TOTAL FIGURE AS PER U/S9(4) ON EXMPLE RS 1000 AGST GTA AND RS 1000 AGST URD PURCHASED I,E, TOTAL RS 2000 TO BE POSTED AS A GST ONLY ON CGST AND SGST PORTION ONLY OR CAN BE POSTED ON IGST SECTION -1ST POINT TO BE CLEAR AND 2ND POINT IS AS A MFG UNIT LIABILITY GST SHOWN IN 3 (D) SECTION I,E, EARLIER RS 2000 CAN BE ELIGIBLE TI ITC AVAILABLE IN POINT NO 4 ( 3) WHERE WRITTEN INWARD SUPPLIES LA=IABLE TO REVERSE CHAGE (OTHER THAN 1 & 2 ABOVE) . PL CLARIFY IN SHORT EARLIER SHOWN REVERSE CHARGE OF GTA AND URD PUR TAX GST AMT CAN BE TAKEN AS ELIGIBLE ITC IN CASE OF MFG UNIT AND GST WHETHER IT WILL BE ONLY ON CGST AND SGST OR CAN BE BE SHOWN IN IGST. REGARDS, N K ROY

[RAMESH PRAJAPATI]

Credit of IGST, CGST and SGST is available to manufacturers in respect of GST paid on purchases as well as paid under RCM.

AI Summary

Input tax credit availability: manufacturers may claim IGST, CGST and SGST paid, including liabilities discharged under reverse charge. Manufacturers are eligible to claim input tax credit of IGST, CGST and SGST for GST paid on purchases and for GST liabilities discharged under the reverse charge mechanism; the response confirms entitlement to ITC across all tax heads but does not specify precise GSTR-3B reporting locations for each transaction type.