TaxTMI 
TaxTMI 
INPUT USE IN REVERSE CHARGE
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....NPUT USE IN REVERSE CHARGE<br> Query (Issue) Started By: - Davinder Singh Dated:- 18-8-2017 Last Reply Date:- 20-8-2017 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>Dear Sir, Kindly confir....
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....m if we have surplus GST Input at the end of the month, Can be use in payable against reverse charge, Reply By RAMESH PRAJAPATI: The Reply: RCM Liability cannot be discharged through ITC. Please ref....
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....er to following rule. Rule 85 (4) of CGST Rules 2017 provides that the amount deducted under section 51, or the amount collected under section 52, or the amount payable on reverse charge basis, or th....
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....e amount payable under section 10, any amount payable towards interest, penalty, fee or any other amount under the Act shall be paid by debiting the electronic cash ledger maintained as per rule 87 an....
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....d the electronic liability register shall be credited accordingly. Reply By subramanian vijayakumar: The Reply: RCM cannot adjust from ITC as per the provision of the act one has to pay and avail it....
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.... as ITC credit Reply By RAMESH PRAJAPATI: The Reply: Yes, it is very clear - RCM means, in other words - cash payment Reply By KASTURI SETHI: The Reply: I support the views of both experts. Reply....
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.... By Himansu Sekhar: The Reply: The provisions of law are very clear. Sec. 49 of cgst act has provided that reverse charge will have to be paid through cash. Reply By Ganeshan Kalyani: The Reply: RC....
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....M liability should be paid in cash.<br> Discussion Forum - Knowledge Sharing ....