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 ? 

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1 Answer

Pulkit Sharma watch_later 2 years, 9 months ago

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.

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