TaxTMI 
TaxTMI 
PL CLARIFY IN SHORT REGARDING 3B GSTR RETURN EARLIER SHOWN AT POINT 3 (D) FIGURE REVERSE CHARGE OF GTA AND URD PUR GST AMT CAN BE TAKEN AS ELIGIBLE ITC AT POINT 4(3) 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
REVERSE CHARGE REGARDING 3B GSTR RETURN
17 Aug 2017 
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Reverse charge mechanism requires calculation of GST on inward supplies from unregistered and notified suppliers and disclosure in GSTR 3B.
The reverse charge requires recipients to compute GST on inward supplies from unregistered persons and notified services by segregating purchases into intra state and inter state, excluding exempt, nil rated, non leviable, and non business supplies, applying day wise segregation and excluding below threshold transactions, identifying place of supply and classification codes, applying applicable tax rates, aggregating liabilities (including notified services like transport and legal/sponsorship), raising a consolidated monthly invoice, and disclosing total taxable value and tax payable under reverse charge in Form GSTR 3B. (AI Summary)
The reverse charge requires recipients to compute GST on inward supplies from unregistered persons and notified services by segregating purchases into intra state and inter state, excluding exempt, nil rated, non leviable, and non business supplies, applying day wise segregation and excluding below threshold transactions, identifying place of supply and classification codes, applying applicable tax rates, aggregating liabilities (including notified services like transport and legal/sponsorship), raising a consolidated monthly invoice, and disclosing total taxable value and tax payable under reverse charge in Form GSTR 3B. (AI Summary)