What are differences among GSTR-3B, GSTR 9 and GSTR 9C?

[Dinesh kumar]

In which columns of GSTR-3B, 9 and 9C, physical export and deemed export supply entered? 

what is reverse charge mechanism in GST? 

what is ISD ? can you explain with examples?

 

 

[Shilpi Jain]

RCM is a case where the recipient of the supply is required to pay the GST liablity and not the supplier.

ISD is where ITC of commonly incurred input services expenses are to be distributed to the various GSTNs to which it pertains. Example audit expenses, IT software licenses, etc.

You should consider attending any course on GST to understand it nuances better.

AI Summary

Reverse charge mechanism: recipient of supply bears GST liability; Input Service Distributor allocates input tax credits. The forum reply explains that reverse charge mechanism places GST liability on the recipient of the supply rather than the supplier, and that an Input Service Distributor (ISD) distributes input tax credit for commonly incurred input services (for example, audit fees and IT software licenses) to the various GST registrations to which those services pertain; the original query about which columns in GSTR-3B, GSTR-9 and GSTR-9C record physical and deemed exports is recorded but not answered.