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All you need to know about Reverse Charge Mechanism in GST, RCM in GST| ConsultEase with ClearTax 

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In this video, all the provisions related to RCM are covered. Which items are covered in RCM and how to take the input tax credit of the amount paid in RCM. what are the consequences of not paying the RCM? Penalty and interest for non payment of RCM in GST are also covered. RCM kise dena hai kab dena hai. RCM pay na karne pe interest aur penalty.Services covered under RCM, Goods covered under RCM.
Watch this video for ..........
What is RCM, reverse charge in GST?
Who is liable to pay in reverse charge in GST?
How to file a return for a reverse charge in GST?
How to take ITC of RCM in GST?
What is covered in RCM in GST? ...
.......
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ConsultEase does not agree or disagree with the views expressed in the video.
This video is merely a general guide meant for learning purposes only. All the instructions, references, content or documents are for educational purposes only and do not constitute a legal advice. We do not accept any liabilities whatsoever for any losses caused directly or indirectly by the use/reliance of any information contained in this video or for any conclusion of the information. Prior to acting upon this video, you're suggested to seek the advice of your financial, legal, tax or professional advisors as to the risks involved may be obtained and necessary due diligence, etc may be done at your end.

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23 июн 2020

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Комментарии : 386   
@bishal.dey26
@bishal.dey26 3 года назад
Thank you very much...This helped me to understand the concept of RCM and has helped me to get rid of my confusion
@kkrish8683
@kkrish8683 2 года назад
Tomorrow I'm having my cma exam Ma'am thank you soo much this video cleared all my doubts ✌️✌️
@narenderkumar-bn7lv
@narenderkumar-bn7lv 4 года назад
Saral hindi bhasa me vistar se samjhane ke liye Bahanji ko dhayabad
@sarkarinaukari1209
@sarkarinaukari1209 3 года назад
Your GST releated video's very helpful thank you
@hk_build
@hk_build 3 года назад
Thank you so much for your valuable content Helped a lot
@tallypointaccountingclasse7456
@tallypointaccountingclasse7456 4 года назад
Thanks a lot . all videos very easy language and very good communication skills .. thanks
@719rules
@719rules 2 года назад
After 40 videos landed ended up here understanding in simple terms ✌️🙏🙏
@focus4519
@focus4519 2 года назад
ma'm people like you , keep me motivated. thank you
@keshavmishravlog8967
@keshavmishravlog8967 Год назад
Thankyou very much very good 👍 clearly explain my all doubts clear..
@monimohan9145
@monimohan9145 4 года назад
Acchey expose karti hai. Thankz mam
@prakashparekh2042
@prakashparekh2042 3 года назад
very nice explanations , thanks a lot madam.
@kailashmalviya6920
@kailashmalviya6920 4 года назад
Ur every videos very helpful & knowledgeable...
@JaswinderSingh-ul2pi
@JaswinderSingh-ul2pi 3 года назад
Hi, can we adjust our rcm liability through our cash ledger without payment of tax. if it has an excess balance deposited in cash ledger?....
@mohammadaamir499
@mohammadaamir499 4 года назад
Mam, purchase in unregistered supplier me rcm(notify goods) ke ilava jo goods he use kaha dikhana he gstr3b me... please reply...
@aamirattari4101
@aamirattari4101 Год назад
Bahut ache se explain karti hai app
@induklaprajapati651
@induklaprajapati651 4 года назад
Mam 2017-18 ka freight par rcm paid kiya dt 25.6.20 ko kya hume itc milega
@gauravjoshi1515
@gauravjoshi1515 4 года назад
Mam Gstr 9 fy 2018-19 annual Return m 2017-18 k data aa rahe hai pls solution provide
@AmitGupta-gc4vr
@AmitGupta-gc4vr 3 года назад
Hi, kindly suggest us what to pay under rcm when my goods is interstate supply n my transporter is also interstate, whether we havevto pay CGST-SGSR or IGST
@vishruthtallam1587
@vishruthtallam1587 3 года назад
So tax paid on Reverse charge will be added to the output tax liability of the recipient? will it be shown in the electronic liability ledger of the recipient?
@rbkassociates
@rbkassociates 3 года назад
How to dealt with the ITC shown in the GSTR2B of the supplier supplying the services attracting RCM?
@shyamtripathi6104
@shyamtripathi6104 Год назад
Thank you so much Madam
@vishalpatange24
@vishalpatange24 4 года назад
Thank you for your information
@RahulKumar-rr9tn
@RahulKumar-rr9tn 3 года назад
Hlo Mam! Please make a video about Calculation of Depreciation as per company act, 2013.
@gautamjha1629
@gautamjha1629 4 года назад
Thanks for the video ☺️
@rsgkstudies
@rsgkstudies 4 года назад
Thanks for your advice mam
@yashrajsinhzala2483
@yashrajsinhzala2483 2 года назад
Tq so much mem thus is very helpfull
@rajeshgarg8296
@rajeshgarg8296 2 месяца назад
Meri sweets ki shop hai,mere pass composition ka no.hai.mey Jo milk purchase karta hu kya us per RCM bharna padey ga ja nahi
@soumenadhikari23
@soumenadhikari23 Год назад
Thank you
@pramodrahate2487
@pramodrahate2487 2 года назад
Madam agar Mai transport service liya 23/3/22 ko aur invoice bill date bana 23/3/22 ko. Question ye hai ki..... Rcm ka tax invoices ke uper charge kare? ya payment karne ke bad rcm ka tax payment kare?
@vaibhavbodariya1487
@vaibhavbodariya1487 3 года назад
Nicr explained forward chrgs & rcm chrgs 👍👍👍
@chauhansanjay414
@chauhansanjay414 2 года назад
Mam mujhe transportation (Un.Reg)nai ek bill diya main us bill par 5% ka tax RCM pay karu kya jab ki main aagai party ko transportation ka bill bauga to tax rate kya laguga. Agar main 18% tax rate lagata hu invoice main to kya mujhe ve RCM main ve 18% pay karna padi gai
@cadeepakgautam5338
@cadeepakgautam5338 4 года назад
Great job 👍
@probir1985
@probir1985 3 года назад
What is purchase tax for composition dealer purchasing from another composition dealer in annual return table 4a, in annual return cmp 04?
@GAMINGZONE-yn1je
@GAMINGZONE-yn1je Год назад
Thnku mam
@karamveersingh6890
@karamveersingh6890 Год назад
Mam, yr, and, teaching, manner, very, fantastic, so, I, am, to, listen, yr, moral, lesson,
@vipulwaghmare2497
@vipulwaghmare2497 3 года назад
Hi, is RCM applicable on Royalty provision received from related party..?
@RahulJain-qd8kf
@RahulJain-qd8kf 2 года назад
Thank you so much... ma'am 🙏🏻🙏🏻🙏🏻
@sabaparveen4041
@sabaparveen4041 Год назад
Mam you are just rock ❤
@kuldeepgaur1615
@kuldeepgaur1615 3 месяца назад
Thanks ma'am 🙏
@PankajKumar-vn5nz
@PankajKumar-vn5nz 3 года назад
Thnak you so much
@saqibmalik7329
@saqibmalik7329 3 года назад
should i mention tax amount and grand total on reverce charge invoice if GTA is unregistered.
@quotes2wise
@quotes2wise 3 года назад
It will be useful if you post the link of the notifications in the description
@Vairagi_108
@Vairagi_108 4 года назад
Very beautifully explained..... Mam
@vivekca
@vivekca 4 года назад
Whether Input of RCM deposiy which where unknowingly deposited where such inward supply is exempted. For Eg. Import of air freight is exempted but RCM is paid
@aakashbisht2811
@aakashbisht2811 Год назад
Thanks
@kundanlal2107
@kundanlal2107 3 года назад
Dear Mam, Need Understanding of Import of Goods with custom and IGST, Please make a video on it Thanks
@ashokrajput2313
@ashokrajput2313 2 года назад
Madam we are registered under GTA. Please explain whether we have to upload our all LR Copy in gstr1 as per new rule of GST wef 01.01.21 or party who has booked his expense of gta in books how will he get credit if he pay gst 5% under RCM from Jan 21
@gargenterprises6067
@gargenterprises6067 3 года назад
Mam please tell me if we shoe printing and stationary as expenses in p&l instead purchase in trading account then we have to liable for rcm or not Because in audit report i saw this and rcm not pay on that
@rajanmonga2649
@rajanmonga2649 3 года назад
Mam mera already TCS b katka hai or wo b cash ledger me show hota hai fir b mujhe reverse charge alag se pay krna pdega kya
@AmanGupta-jh6of
@AmanGupta-jh6of 4 года назад
mam can a transporter rasie the invioce 5% for rcm and 12 % for taking the credit of input purchases, pls reply
@sanjeevgupta6264
@sanjeevgupta6264 4 года назад
Excellent knowledge
@sambittarafdar9131
@sambittarafdar9131 2 года назад
Thnk u Ma'am. This is a very gd message.
@agrawalji4474
@agrawalji4474 4 года назад
Kabse wait tha iska !! 😍😍😍😍
@ConsultEase
@ConsultEase 4 года назад
Thanks
@pandeyShanvi
@pandeyShanvi Год назад
Un register vendor par humesha RCM lagega ya iski bhi category hai
@shekhsalman8517
@shekhsalman8517 4 года назад
Good and helpful info. Madam thank
@MrandMrsCA
@MrandMrsCA Год назад
Mam Gstr 1 me jab RCM supply daal rahe hain to gst number puchh raha hai to konsa likhe because apna hi gst likh ni paa rahe hain and saamne wala to unregistered hai
@anilphulari185
@anilphulari185 Год назад
what if i pay mar 2020 RCM liability in Nov 2022 can I claim RCM ITC?
@user-im6md2yg5x
@user-im6md2yg5x 7 месяцев назад
Online imitation jwellery sale karne ke liye rcm applicable hai kya unregistered supplier hai to invoices khud bna sakte hai kya
@Sanjay_patel07
@Sanjay_patel07 Год назад
Thank u mam for your valuable information. . .
@gunjangupta7908
@gunjangupta7908 Год назад
Thank u madam
@bappadityabera331
@bappadityabera331 3 года назад
I have purchased unregistered deler RCM applicable. I have show GSTR3B-3(d) column but do not avail ITC 4.3 column. Please suggest this problem 🙏🙏
@skk4511
@skk4511 2 года назад
IGST imoprt is getting auto populated can I claim in GSTR 3 B or how to claim. Please advise.
@diiihaahh7942
@diiihaahh7942 2 года назад
Mam ek hotel me job krta hu mere yaha pe food pe 5%tax h jiska mujhe itc nahi milega but jo me ragisterd person pe se purchase kr raha hu uspe me tax de raha hu us purchase ki entry kya kru or gstr 3b me us purchase ko kese dikhau
@radheshyamdave8377
@radheshyamdave8377 3 года назад
Madam Rcm ka jo invoice hain usse gstr2b main kaise add karinge
@anirudhansatish2036
@anirudhansatish2036 3 года назад
Thank you ji
@rajrajput2890
@rajrajput2890 Год назад
Thanks It's very useful
@DeepakGupta-sx4dh
@DeepakGupta-sx4dh 4 года назад
Ex I paid rcm on 5th July 20 but I will file 3B for June 20 by 20th July 20 so can I take input credit . Or I need to take input rcm in July 20 3B ro be filed next month by 20th Aug. Thanks
@prakashpatel-gk3vr
@prakashpatel-gk3vr 3 года назад
Very good. Thanks.
@opgupta4920
@opgupta4920 3 года назад
Mam kya maithaoil per unregiter me tax nahi dena hai kya
@dipupatnaik
@dipupatnaik 3 года назад
Mem if I the supplier send goods to consignee through GTA. GTA received his transportation charge from me and mentioned Rcm then who is paid the rcm
@ferozkhanpathan7157
@ferozkhanpathan7157 2 года назад
Sir, Amnesty scheme 2021 is upto 31st Aug-21. But while filing of composition return for the quarter Oct-17 to Dec-17 with having turnover penalty showing on portal of Rs. 5000+5000 for cgst & sgst and interest also showing. Why this is happenig sir please reply me soon .
@bhawnaagarwal7835
@bhawnaagarwal7835 3 года назад
Mem mene gstr 3b me jo input tax claim krna tha vo galti se RCM ke coloum me claim kr diya jbki RCM nhi tha ab kya kare plz help
@anirudhakulkarni4038
@anirudhakulkarni4038 11 месяцев назад
Nice vdo - explained in lucid language.
@pravinbatra2923
@pravinbatra2923 4 года назад
Mam man made fiber hsn code 5407 purchase from unreg dealer wheter rcm apply or not
@KR756
@KR756 5 месяцев назад
Ma'am jab composition dealer kisi dusre composition dealer se purchase karta hai, toh reverse charge lagta hai yaa nahi
@suresh6942
@suresh6942 Год назад
Di if receiver unregister hai and uska t/o 20lacs se kam hai phir toh usse register hona parega rcm pay karne ke liye... So yeah 1 tarh se galt nhi hua
@parthvaland4545
@parthvaland4545 3 года назад
Good Explanation... 🙏
@geetabhawal9715
@geetabhawal9715 4 года назад
Mam y unregistered se registered person k case m hi hota h kya hmesha plz guide me
@abdulmatinabdulkhalique985
@abdulmatinabdulkhalique985 3 года назад
Mam gst1 may RCM kaise disclose kare recipient aur uska effect 2A kaise dikhega
@manishakumari6378
@manishakumari6378 2 года назад
Mam Gta 12 percent p de diya fir rcm mein nhi dege composition dealer fir se?
@clear_ha
@clear_ha 2 года назад
Osm explanation mam
@vinodmehta4870
@vinodmehta4870 3 года назад
Mam a GTA can raise invoice with RCM and with GST 12% in both manner for different receipent of service
@Parimal_Asodiya
@Parimal_Asodiya 2 года назад
mam i am working in gov office. hamare yaha car rent per li hai 34 pm ....vo supplier without gst deduction karke bill deta hai....is it okay ?
@rabikumarpaswan2425
@rabikumarpaswan2425 Год назад
Which one is best for me RCM or FCM . If I am transporting the goods from wholesale to retailer
@sushiljadav3502
@sushiljadav3502 3 года назад
Sushil Jadav 1 second ago RCM In urd purchase how I will show it in Gstr-1. pls help
@lakhanmane6244
@lakhanmane6244 4 года назад
Kya Mathadi contractor or labour charges par RCM lagega kya not register
@AMITKUMAR-cm7ne
@AMITKUMAR-cm7ne 2 года назад
mam maine pichli baar gstr4 ke column 6 me 2019-20 or 2020-21 ka data add krke file kar diya tha negative liability ko adjust krne ke liy. Magar ab vo amount cash me negative me show ho rha hai or hme pay krne ke liy kaha ja rha hai please help me Mam!!
@sahiljn2
@sahiljn2 3 года назад
Hi mam In a case of job work embroidery,,, I am a gst dealer, a manufacturer of hosiery t-shirt garments who sends t-shirts for embroidery And my job worker is unregistered but he issued me a bill What to do Is RCM applicable
@MrGarg-xg3dz
@MrGarg-xg3dz 2 года назад
Very helpful txs mam
@sumitahuja8886
@sumitahuja8886 Год назад
Sir if we purchase from unregistered dealer & sell through e commerce(cloth business) then we need to show purchase or not anywhere in Gst? And whether we need to pay gst on purchase & then claim it as ITC?
@deepanshubhuwanta2330
@deepanshubhuwanta2330 3 года назад
If purchase is IGST then in which head I will have to pay the tax 'cgst sgst' or ' igst' only
@aravpaliwal7498
@aravpaliwal7498 Год назад
Thanks sifali mam
@himanshunirmalkar8221
@himanshunirmalkar8221 4 года назад
Dear mam, Thank u so much but, mam plz provides a list of items on pay Rcm or not
@ashishand74
@ashishand74 3 года назад
Is RCM applicable on services in any possible cases wherein otherwise service tax is not levied ..
@harshitamansinghka9963
@harshitamansinghka9963 4 года назад
If an exporter sending goods under LUT has made purchases of Handmade paper from Unregistered person. What will be the GST Impact
@buleshnaharia843
@buleshnaharia843 4 года назад
Man please clarify the RCM ON ROYALTY PAID TO STATE GOVERNMENT AS DEAD RENT ,ROYALTY, ETC ON MINING LEASE
@mrityunjay68
@mrityunjay68 3 года назад
Ma'am ek vedio gst portal se bataye jisme same unregister walo ka mention ho.Thanks
@sandeepsati7415
@sandeepsati7415 Год назад
Ma'am shall we deposit RCM on reimbursement of taxi charges to employees
@santoshsharma8013
@santoshsharma8013 4 года назад
Mam how i will treat of shortage in Goods in GTA Business, please reply
@mohitgangele5528
@mohitgangele5528 4 года назад
Thanks ma'am
Далее
Concept of RCM in GST | Reverse Charge Mechanism
1:19:07
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