GST Reverse Charge - Invoice and Accounting Entries (in hindi)- Explained by Shaifaly Girdharwal

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  • Опубликовано: 24 янв 2025
  • This video explains the concepts of reverse charge and how to prepare invoice and do accounting entries for reverse charge in GST.
    Watch this video if you're looking for...
    GST Reverse Charge
    GST Reverse Charge Accounting Entries
    GST Reverse Charge Invoice
    Purchase from URD
    What is Reverse Charge in GST
    Purchase from URD Accounting Entries
    Invoice for Purchase from URD
    GST Reverse Charge Entries
    GST Entries
    Reverse Charge Adjustment
    Reverse Charge on Purchase
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    DISCLAIMER ********
    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.

Комментарии • 379

  • @harishmorya4812
    @harishmorya4812 7 лет назад

    Shaifaly Girdharwal..JI,.. EXCELLENT JOB ,, THANKS VERY GOOD INFORMATION

  • @PradeepSharma-km9uh
    @PradeepSharma-km9uh 7 лет назад

    Thank you.I am understanding GST provisions through your video s.Vids are easiest way to grasp GST

  • @anshumanjha5771
    @anshumanjha5771 7 лет назад

    Mam i hv query related rcm input claim how possible in same month

  • @manjeetjangra3870
    @manjeetjangra3870 7 лет назад

    dear mam your all video is very helpful for understanding GST. thank you soo much.

  • @manishpanchal7908
    @manishpanchal7908 6 лет назад

    nice explanation
    ...thank you

  • @sss-sv6fn
    @sss-sv6fn 7 лет назад

    Rcm paid on gta services credit is available or not ?

  • @santoshucm
    @santoshucm 7 лет назад

    hii
    if purchase bill from urd dated 10th aug ..but recd.on 11 aug.
    so on which day purchase should show in preview of RCM -urd purchase.

  • @mohsinqureshi3961
    @mohsinqureshi3961 7 лет назад

    Mem if we purchase from composition dealers. There is any need to pay tax under reverse charge mechanism and if we pay such tax we can avail input credit

  • @maheshgehlot4648
    @maheshgehlot4648 7 лет назад

    Thank u so much
    I am your big fan after listen your all GST videos.
    I subscribed your chennal and see all videos and learn so much about GST.
    thanks,
    Jai shri Krishna

  • @prajapatisahab9505
    @prajapatisahab9505 3 года назад

    Mam ek dout hai urd party gst portal pe rcm ki 2a me kaise riplect kaise karegi

  • @miteshsakaria1890
    @miteshsakaria1890 7 лет назад

    Madam we can made debit note as a invoice and can show in GST 1

  • @nehajain3943
    @nehajain3943 7 лет назад

    great going shaifaly.

  • @raviporwal5487
    @raviporwal5487 7 лет назад

    Mem
    maine composition opt kiya hai kya mujhe daily bill raise karna hai

  • @nareshbhuta4686
    @nareshbhuta4686 7 лет назад

    Nicely explained. Thank you

  • @gauravrawat4072
    @gauravrawat4072 7 лет назад

    kindly suggest entry for gst on advance payment receipt

  • @sachingu06
    @sachingu06 7 лет назад

    Hello mam.labour/loading/unloading per kitna service charge hai ??.freight of kiryana item jo ki multipal tax rate ki Hain pe kitna service charge lagege . Please tell me.

  • @piyushgoyal9831
    @piyushgoyal9831 5 лет назад

    Can you please help me in understanding who will be issuing credit note in case of unregistered supplier where we are preparing invoices

  • @ishwarlaljadhav9864
    @ishwarlaljadhav9864 7 лет назад

    very good described.

  • @nikhilagarwal4321
    @nikhilagarwal4321 7 лет назад +5

    you are awesome...you always pick up those topics for which there is no answer on the internet..Thank you

    • @ConsultEase
      @ConsultEase  7 лет назад

      Thank you Nikhil ji

    • @jineshchopra103
      @jineshchopra103 7 лет назад +1

      please send me all invoices fomat as you shown in this video to email CHOPRAJINESH@GMAIL.COM
      REPLY

    • @Bharatpeople
      @Bharatpeople 7 лет назад

      ConsultEase please send the invoice to my mail id-etax.dsc@hotmail.com

  • @vicalka123
    @vicalka123 6 лет назад

    great teaching method

  • @yuvrajnaidu8301
    @yuvrajnaidu8301 6 лет назад

    Ma'am, what about goods not listed in RCM, ,for example:: I buy fly ash from unregistered dealer? Does it attracts RCM ? If yes can we claim it itc?

  • @feldsparquartz6948
    @feldsparquartz6948 6 лет назад

    Mam we are exporter and do we need to pay RCM on transportation for carrying goods to port for export?? what is the percent of RCM we need to pay on this case???

  • @nareshkarnani1223
    @nareshkarnani1223 7 лет назад

    mam agar mai urd transport ko freight rs6000 paid karta hu to kya self invoice freight paid ke liye banana hoga or self invoice me sgst or cgst lagna hoga kya

  • @ashishgrg19
    @ashishgrg19 6 лет назад

    If a bill for service of august from unregistered dealer more than 5000 is paid in december and as per time of supply section 13 its liability to pay is 30 oct, is the assessee liable to pay gst under reverse charge as it has been exempted by notification

  • @aakashgupta__1810
    @aakashgupta__1810 7 лет назад

    Mam July month ke URD reverse charge ka payment Maine 20 Aug ko Kiya Tha iska credit July return me claim krege ya August me

  • @sumitf4u
    @sumitf4u 7 лет назад

    Will we get itc claim on gst paid on gta service as reverse charge
    As in gst service rate chart it is mention that no itc if 5 % gst on gta.

  • @va9718
    @va9718 7 лет назад

    i have a question that if a registered dealer from maharashtra purchased goods from suppose delhi, and the delhi dealer is an unregistered dealer then how it is going to be shown in 4B of GSTR-2, in this case whether we have to select pos as maharashtra and supply type as inter-state

  • @mukeshrughani
    @mukeshrughani 7 лет назад

    my transporter is not registered but giving us simple bill , we need to generate self invoice?

  • @bhatiaslam2008
    @bhatiaslam2008 7 лет назад

    Hello mem mne compostion sceme le rakhi h or mera goods out of state se aata h but mera turnover 20 lakh se kam h or invoice pe 5% gst lag ke aata me menufartuer hu kya mera return 2% bhara jayega ya nill huga please tell me

  • @rajivpanpher6429
    @rajivpanpher6429 7 лет назад

    Kya hamein gstr 3b me salary under Non GST SUPPLY ME DALNI HOGI?

  • @sagarchilukuri5402
    @sagarchilukuri5402 7 лет назад

    Madam 30/06/17 pahela jo sale huwa uska payment aaj ki date par muje mila he, uska abhi mera dalal ko abhi purane (30/06/17) pahele ka brokarege dena he us par GST lagega he kya madam

  • @LaxmikantBhumkar
    @LaxmikantBhumkar 7 лет назад

    Good Explained. Especially below ₹5000 transaction's entry. Thank you.

  • @monusaraf7351
    @monusaraf7351 7 лет назад

    nil gst item ke freight pe rcm banega ya nahi

  • @ankitmittal4281
    @ankitmittal4281 7 лет назад

    Mam thank u very much for the work u r doing for us, but my problem is that there are many question regarding gst which can be discussed mutually, so could i get an appointment of urs so that i can discuss my problem

  • @AshishSharmaANS
    @AshishSharmaANS 6 лет назад

    Mam kya hum advocate ke RCM par invoice generate karna padeka

  • @AJAYKUMAR-pi2xp
    @AJAYKUMAR-pi2xp 7 лет назад

    I have a doubt on RCM. My query is that i am paying the GTA transport charges to supply my consignment to madras from kolkata. Then in this case what shall be the place of supply and as i am paying the transport charges for rs. 3500.oo to the transporter then do i have to pay gst under rcm or in sec 9(4) it has been said that purchase or service upto RS.5000.00 per day from any person on whom i am liable to pay the rcm need not to be paid. Is this provision of 5000.00 applicable in case of GTA freight. pl clear it .

  • @nitinagrawal3205
    @nitinagrawal3205 7 лет назад

    if I purchase exempt and taxable goods both and pay freight on both goods then Can I get tax paid credit for both goods exempt and taxable as reverse charge mechanism. please reply soon

  • @A_vinaytailor
    @A_vinaytailor 7 лет назад

    IS HSN/SAC WISE DETAILS OF UNREGISTERED DEALER PURCHASE MANDATORY TO SHOW IN GST RETURN OR REVERSE CHARGE INVOICE ?

  • @jugrajbhandari9385
    @jugrajbhandari9385 7 лет назад

    whether loading unloading charges paid to the labours after purchase chillies from the farmers kindly explain

  • @mohammedhassan1782
    @mohammedhassan1782 7 лет назад

    Hi madam. Please update about the consolidate invoice

  • @shamshadkhan-xl5bg
    @shamshadkhan-xl5bg 7 лет назад

    composition scheme wale unregistered business se goods purchase Karne par rcm laga sakte ha

  • @gurpreetsinghguri8640
    @gurpreetsinghguri8640 7 лет назад

    mam if i purchased yarn @ 18% and finished goods for sale@5% in this case we are take full itc claimed 18 %

  • @debabratadebnath7975
    @debabratadebnath7975 7 лет назад

    mam me unregisterd person se raw material(Natural Rubber) purchase karta hu to keya hoga? Income tax me koi problem hoga keya? plzz help me?

  • @nareshbhuta4686
    @nareshbhuta4686 7 лет назад

    Beautiful explained. Thank you

  • @mahendrarelwani8931
    @mahendrarelwani8931 7 лет назад

    please guide if the exemption limit of rs. 5000 under rcm is available to the tax payer if he is registered under composite scheme?.

  • @naveenplystore
    @naveenplystore 7 лет назад

    Madam, I am not getting gstr4 option in GST portal. Please explain

  • @nitinmehta334
    @nitinmehta334 7 лет назад

    mam restaurent business k case mein pur of veggies ,milk ,flour, maida,rent, phon bill etc sbhi items pr RCM apply hoga ??
    thx

  • @somanathsutar8228
    @somanathsutar8228 7 лет назад

    Whether gst practicener has to file gst return whose receipt is below 20L.

  • @avijitbarman9910
    @avijitbarman9910 7 лет назад

    hello Mam please help me..
    me technical services provid krti hu.. me just MSME pe resistation Kiya ha.. bcz mera 10 Laks Se kam tranjection hoti haa.. me dusra STATE pe without any resistation krke SERVICE de sekti hu...? please answer me...

  • @RahulSoni-uz2co
    @RahulSoni-uz2co 7 лет назад

    Dear Ma'am,
    Thank you so much for guidance.
    Please let me know if i have purchase domain name and hosting from outside india party and i have received the Invoice in dollars without any GST and the invoice amount is more then 5000,
    In above case should i pay gst under reverse charge.

  • @narendraagarwal588
    @narendraagarwal588 7 лет назад

    mam outward freight and Inward freight where can show in 3B under Rcm so please update

  • @vanijyavatika1920
    @vanijyavatika1920 7 лет назад

    Will rcm applicable on purchase of oilseed from agriculturist.

  • @kuldeepsevada830
    @kuldeepsevada830 7 лет назад

    mam hum mandi me trade karte hai or hamari saari purchases urd hai to hum iski entry kaise kare or gst kaise bhare

  • @RANJANSHARMA-rb4je
    @RANJANSHARMA-rb4je 4 года назад

    Hello ma'am, can you please tell me , GST RCM Invoice, which is self generated Invoice on the behalf of vendor, Can I show the Invoice serious in GSTR1 Document, Is this correct?

  • @chandjai9494
    @chandjai9494 7 лет назад

    Medam aap composition return kese fill krte h btaaye g

  • @anuragsingh5373
    @anuragsingh5373 4 года назад

    Medam agar koi register person service leta h toh RCM applicable hoga.

  • @vasudev8904
    @vasudev8904 5 лет назад

    thanks madam for important information

  • @shiraztk
    @shiraztk 7 лет назад

    your explanation is so beautiful just like you.

  • @057sumi
    @057sumi 7 лет назад

    my inward supply frm urd is 100000 and frm rd 20000 and tax invoice sale is 120000 then what value of output tax and itc I have to fill in gstr3b on gst portal?

  • @aswinvdev
    @aswinvdev 7 лет назад

    We r doing manual bill and there r mistake often takes place in allocation of old tax rate instead of new and we had to cancel the bill and create a bill for the party. Is there any problem in cancellation of bills in B to B. If so, kindly send me a solution.

  • @TheMotorman1981
    @TheMotorman1981 7 лет назад

    one question Mam RCM payment liability Input credit ke through pay kar sakte hai ya phir cash payment karna hai?

  • @sachinagrawalrawal8707
    @sachinagrawalrawal8707 7 лет назад

    Mam how to prepare a consolidate invoice at month end for all RCM payments as if there are 20 unregistered dealer. In whose name we prepare invoice

  • @roaheenmahajan6603
    @roaheenmahajan6603 7 лет назад

    My outward taxable supply is 177600 do I need to mention HSN code and quantity of products in gstr1

  • @ashukhanna1321
    @ashukhanna1321 7 лет назад

    given good point about itc

  • @ajaykhanna8930
    @ajaykhanna8930 7 лет назад +2

    अगर 9 (4) के regarding urd purchase 5000 से कम है (july - september) cases में, या फिर जैसे की अभी rcm suspended है, अर्थात रिवर्स चार्ज attract नहीं हो रहा है, ऐसे में क्या rcm invoice और उसके regarding पेमेंट voucher issue करना होगा?

  • @TheManishchhabra
    @TheManishchhabra 7 лет назад

    can we utilize ITC of section 9 (3) in the same month?

  • @sss-sv6fn
    @sss-sv6fn 7 лет назад

    What is the entries of rcm when credit is not admisable in case of freight

  • @astaf100
    @astaf100 7 лет назад

    I have RCM purchase goods in the month of July. Now in August I am filing return 3B. Should I take credit of RCM paid in 3B return of July or Aug? As I am paying tax of july in Aug so some says in RCM ITC will be available in Aug only. And I have filed return by taking credit in July month itself. Please clarify.

  • @ABHIKUMAR-dq8qo
    @ABHIKUMAR-dq8qo 7 лет назад

    Aug month ka Rcm on Tax liability kab deposit karvan hai

  • @Caishangupta
    @Caishangupta 7 лет назад

    mam rcm will be mentioned in GSTR 1 return only and on 11 th of the month same will be auto populated in ur GSTR 2A return

  • @ratitandon4035
    @ratitandon4035 7 лет назад

    mam i have a quary i have a registered regular firm per maine galti se july ka gta per rcm ni pay kiya aur ab august ka bhi due ho gaya hai ab main kaise tax pay karu ek sath ya alag alag aur kya intrest bhi lagega kya july main please explain and help to clear my doubt challan kaise banau

  • @kiranparekh6798
    @kiranparekh6798 7 лет назад

    shefali Ji,
    I am kiran from swastik Gujarat, we manufacture machineries.
    we have URD purchase of material and URD purchase of services. (services like labour charges , chemical test of matrerial, tempo carting for goods) do we have to work out the RCM for all this services and make invoice for this and make payment vouchers for this.
    so far Material Purchase under URD it is OK
    but for URD services not clear.

  • @khushalraj303
    @khushalraj303 7 лет назад

    Shaifaly I have a question.
    30-6-2017 tak agar kisi dealer ka vat tax refundable h to kya uska adjustment Gst me ho sakega I mean refundable balance to Gst me carry forward kar sakenge

  • @anilvadhwani1175
    @anilvadhwani1175 7 лет назад

    Mam , if the supplies
    From different urd is under 5000/- then are invoices are to be required to issue?

  • @ileshsakhiya9648
    @ileshsakhiya9648 7 лет назад

    amazing and outstanding video madam

  • @subhiagarwal8379
    @subhiagarwal8379 4 года назад

    Mam I have question related to Rcm in 3B mam rule 36(4) itc auto populate hone hone k baad 3B m rcm kaise mention krenge plz suggest me

  • @mohammadjaved5205
    @mohammadjaved5205 4 года назад

    Sister
    Meri retail ka business hai or mere pass gst no. Bhi hai agar main apns saman kisi local ko bechta hun jis k pass gst no. Nahi hai to iss condition main invoice banate time reverse charge wale column main Y select karu ya N
    Dosri taraf agar main apna saman kisi gst no. Holder ko bechta hun or bill gst no. Per issue ho raha hai to iss condition main reverse charge wale column main Y ya N select karna hai
    Pls help me...regards

  • @swechasingh8059
    @swechasingh8059 6 лет назад

    Agar b2b unregistered saler se cash purchase Ka limit kitna hoga aur uspai gst lage ga ya Nahi

  • @shamshadansari6026
    @shamshadansari6026 7 лет назад

    Mam thanks for your all video your video realy help alot.
    If seller 1 sell to seller 2 and then seller 2 sell to end customers and all three are unregistered then is there any tax applicable if purchase and sell is inter state or intra state.
    And what about the bill to customers.
    Thanks
    Please reply

  • @ankitchaturvedi8791
    @ankitchaturvedi8791 7 лет назад

    is there any specific requirement for payment voucher?
    If u can help me with the requirement of various doc under GST such as Invoice,voucher,CN,DN,BOS

  • @StatusZindagi
    @StatusZindagi 7 лет назад

    Thanx u so much doing good job mam

  • @sumantkumar3553
    @sumantkumar3553 7 лет назад

    whats is the rate on reverse larges.....? for various Payaments.

  • @kuldeepaggarwal1460
    @kuldeepaggarwal1460 7 лет назад

    How to file details of RCM. I feel it should be reported in GSTR1 as it is my liability. GSTR1 do not allow same biller and customer.
    What about limit of 5000 is it also available for GTA.?

  • @gopaljoshi9334
    @gopaljoshi9334 7 лет назад

    Mam reverse charge from UR dealer se liye hai "rent".GSTR 3B me maine show kr diya hai...kya ab ye GSTR 1 me show hoga ??
    Agr ha to kaha pr?

  • @intouchagency8513
    @intouchagency8513 7 лет назад

    In case of RCM purchase , how to get the e way bill? Pls explain...

  • @NAVEEN-cy8wi
    @NAVEEN-cy8wi 7 лет назад +1

    me agr registered hu or unregistered se purchase kr rha hu to tax value(igst cgst ya sgst) to daal dunga lekin purchase me kse dikaunga gstrb 2b yaani unregistered to file nhi krega return to vo mere 2b me kse show Hoga

  • @RanjeetKumarmine
    @RanjeetKumarmine 7 лет назад

    please give me list of goods details of revise charge. which item will be revise charge or exempted.

  • @sgssunil77
    @sgssunil77 7 лет назад

    Hello Madam
    RCM applicable on labour payment in month Oct 2017

  • @sambitikasenapati3956
    @sambitikasenapati3956 7 лет назад

    In case of expenses reimbursement to employees, expenses during visit to project site like conveyance & staff fooding & staying in hotel from unregistered dealer, in this case whether to pay gst on reverse charge. please help.

  • @ojasthakrar8608
    @ojasthakrar8608 7 лет назад

    Mam now when govt has announced to withdraw RCM till March 2018 where should we post
    purchase from URD above Rs.5000 in Sept.GSTR3B?
    will Portal allow to File GSTR 3B of Sept. without paying RCM?

  • @ABHIKUMAR-dq8qo
    @ABHIKUMAR-dq8qo 7 лет назад

    Payment in cash or through bank how to entry in software

  • @vishalkhatri9409
    @vishalkhatri9409 7 лет назад

    Good 1 ..

  • @hemrajjain2635
    @hemrajjain2635 7 лет назад

    thanks, to make a video for tax accounting

  • @rajivkumar4468
    @rajivkumar4468 7 лет назад

    If i paid GST under RCM of July month on 10.08.17, then am i eligible to take credit in July or August month's GST Return?

  • @sss-sv6fn
    @sss-sv6fn 7 лет назад

    Sir
    If Coolies or hamiles is paid below rs 5000 per day and aggregate over rs 5000 per month, rcm is payable or not ?

  • @nsa4084
    @nsa4084 6 лет назад

    PLEASE EXPLAIN TO CONVERT FCM BY GTA, IS ANY PERMISSION REQUIRED FROM GSTIN AND WHAT FORM APPLICABLE

  • @AnilJoshi-ed7xo
    @AnilJoshi-ed7xo 7 лет назад

    what is impact on my tax liability if i make inerstate purchase from unregistered delaer.

  • @rajdixit9509
    @rajdixit9509 7 лет назад

    capital goods par Jo I gst paid ki hai usko GSTR3B me kaha par show karege

  • @sangamDairy-sn6ln
    @sangamDairy-sn6ln 7 лет назад

    construction field ki gst invoice kaise banegi mam

  • @danishjain7445
    @danishjain7445 7 лет назад

    If i issued a invoice for e.g Invoice no. 101 and there are two items in it which has two different GST rate 5% and 12% so now how to file that in GSTR 1 Return ? i have issued more than 1000 bills this way