No you cannot setoff. First you have to pay tax under RCM and then next month or return you can setoff.
Even GST return if you check, setoff is not allowed for tax payable under RCM.
-
chatComments
Gst Payment Under Reverse Charge Mechanism
Vishal Chunara
watch_later 2 years, 9 months ago
Can i set off tax payable (under reverse charge mechanism) against ITC without paying tax ?
-
chatComments
Did Not get Answer?
Join the largest Taxation Q&A platform on internet and ASK YOUR OWN question.
Ask your QuestionYou need to be logged in to answer.
Related Questions
Notice received sec 50(1) in gst
Cancel of gst number
Sec 73 and sec 74 and sec 122(2)
Recently I have started my business
Turnover for non registered period.
GST for sale of commercial property
Invoices in gstr1 got deleted
Annual return of GSTR9 & GSTR9C filing
PAN bulk search
i uploded an article but still didnot get any status about that
Top Members
Related Articles
New Returns under GST
Features of Making Payment on Voluntary Basis (Form GST DRC-03) on GST Portal
Steps to be taken by taxpayers to file GSTR 9C
Compulsory to File GSTR 9?
GST PMT-08 Form
Tax Invoice, Debit and Credit Notes
ALL ABOUT COMPOSITION DEALER
Decoding GST Number
Simplified GST Returns Forms: Normal (RET 1), Sahaj (RET 2), Sugam (RET 3)
Never File Wrong GSTR-1
Check your GST numbers in bulk. Check unlimited GST numbers with very cheap packages.
Used by
