Reverse Charge Mechanism in GST | RCM in GST | RCM Accounting Entries in GST

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  • Опубликовано: 5 сен 2024

Комментарии • 582

  • @ravijakhmola2821
    @ravijakhmola2821 3 года назад +9

    You have covered all aspects of RCM and explained beautifully. I am from GST department and deal these issues every day. Never saw a video like this where all legal provisions and their practical application are explained in such a simple manner.

    • @CAVikasSharma
      @CAVikasSharma  3 года назад

      Thank You Sir

    • @mallinathbansode5803
      @mallinathbansode5803 2 года назад

      000000000000000

    • @sumitahuja8886
      @sumitahuja8886 2 года 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?

    • @Anonymous-Trader01
      @Anonymous-Trader01 Год назад +1

      @@sumitahuja8886 bro you have to pay tax under RCM if your goods fall under RCM and claim it by issuing self invoice

    • @roshangandhi8876
      @roshangandhi8876 Месяц назад

      Nice explain

  • @stevesan1539
    @stevesan1539 3 года назад +1

    Very very excellent Sir. The way you explained RCM, even a 10 year old can understand if he is interested.Thank u so much.

    • @CAVikasSharma
      @CAVikasSharma  3 года назад

      Thank You. Keep watching and sharing this channel

  • @funnyvideos-sn6if
    @funnyvideos-sn6if 10 дней назад

    Sir me ek bar me hi sab kuch bahut achche se samajh gaya thank u sir ❤

  • @ravishankarchimkod1229
    @ravishankarchimkod1229 3 года назад +7

    Thank-you Sir, explained very well and cleared my doubts about RCM.

  • @chanchalrai1555
    @chanchalrai1555 3 месяца назад

    Hello sir mujhe GST return ko sikhna he ap boht accha samjhate ho thanks sir

    • @CAVikasSharma
      @CAVikasSharma  3 месяца назад

      install RDV Classes App and enroll in GST Practical course

  • @santoshsharma7472
    @santoshsharma7472 3 года назад +2

    Sir You have explained everything in very well mannered Thank you so much God Bless you

  • @vikramjha3329
    @vikramjha3329 2 года назад

    sir apka concept samjhane ka tarika bahut accha hai

  • @trivedikumarsonesh4194
    @trivedikumarsonesh4194 4 месяца назад

    बहुत ही लाजवाब जानकारी देने के लिए आपका हार्दिक आभार व्यक्त करते हैं 🎉🎉🎉

  • @gurjeetsingh-wg1ny
    @gurjeetsingh-wg1ny 3 года назад

    great..bshut video ekhi but is tarh se complete kisi ne ni btaya,,
    ver clear voice jo qestion mind me aate hai video se sare jawab mil gaye.,,,,,,

    • @CAVikasSharma
      @CAVikasSharma  3 года назад

      Thank You very much. Kindly spread this channel so that others can also get the benefit of knowledge sharing

  • @sudkam827
    @sudkam827 3 года назад +1

    Nicely explained . RCM was to be implemented only for a specific period and then the government held back the notification . Why do we have to pay RCM still and claim ITC in the Month it is paid.

  • @danishshaikh01
    @danishshaikh01 3 года назад

    Bohut acha samjhaya sir thanks

  • @rudravenikarthik8027
    @rudravenikarthik8027 2 года назад

    Excellent teaching 👏 👍 👌 easy to understand pls continue

  • @mukeshmonani5674
    @mukeshmonani5674 2 года назад

    One of the best video which I understand clearly any then other video on RCM....

    • @CAVikasSharma
      @CAVikasSharma  2 года назад +1

      Thank You. Keep Watching and sharing

  • @anuradhagupta9448
    @anuradhagupta9448 2 года назад

    Thank you so much for this wonderful video
    RCM ekdum ache se clear ho gya... Teaching style awesome 👍❤️

    • @CAVikasSharma
      @CAVikasSharma  2 года назад

      Thanks and welcome. Please like and share the video and subscribe the channel

  • @MdAsif-dd9ih
    @MdAsif-dd9ih 2 года назад

    80% toh samajh aaya, bahot achha laga

    • @CAVikasSharma
      @CAVikasSharma  2 года назад

      Thanks and welcome. Please like and share the video and subscribe the channel

  • @saradaswain3136
    @saradaswain3136 2 года назад

    Thank u very much for ur easy,understandable and conceptual manner of explaining the provisions of RCM . It was very much helpful to all involved with GSTR.

  • @kaushikvasoya8364
    @kaushikvasoya8364 4 года назад +2

    Awesome, to the point, easy to understand with example.
    Thank you

  • @sanjaymali2752
    @sanjaymali2752 2 года назад

    Sir, you Explained very smoothly 👌.

    • @CAVikasSharma
      @CAVikasSharma  2 года назад

      Thank you. Keep Watching and sharing

  • @hskalra3552
    @hskalra3552 2 года назад

    Finally i found vdo in which all topics are covered🙏

    • @CAVikasSharma
      @CAVikasSharma  2 года назад

      Glad to hear that. Keep Watching and sharing

    • @hskalra3552
      @hskalra3552 2 года назад

      @@CAVikasSharma shared with all my friends of bcom

  • @FizaKhan-ow6gq
    @FizaKhan-ow6gq 3 года назад +3

    great job sir! you are doing so good for alot of students like us by providing us with your knowledge. keep it up

  • @mirajanwar1447
    @mirajanwar1447 2 года назад

    Very knowledgeable and perfect your effort sir.

    • @CAVikasSharma
      @CAVikasSharma  2 года назад

      Thanks and welcome. Please like and share the video and subscribe the channel

  • @madhutolani1431
    @madhutolani1431 3 года назад

    Thnx sir rcm apke video se rcm achese samjme aaya

  • @kamleshbhaishah744
    @kamleshbhaishah744 Год назад

    R/SIR,
    VERY GOOD INTERPRIT OF RCM
    THANKS & REGARDS
    K.S.SHAH

  • @saritaparab4466
    @saritaparab4466 3 года назад

    Its very important rcm notes thanks a lot so many points cleared

  • @darshitshah6200
    @darshitshah6200 5 месяцев назад

    Best video for RCM

    • @CAVikasSharma
      @CAVikasSharma  5 месяцев назад

      I appreciate your support, it means a lot to me!

  • @jpranay283
    @jpranay283 Год назад

    Thank Sir,
    Pure You tube me kisi ne itni sarta se aur sahi janakari kisi me nahi thi. Thank you so much.
    Bus ek saval hai jab hum RCM ka invoice banayge khudke liye to GSR 1 me vi B2B me hi dkihana hoga? Thank you Sir.

    • @CAVikasSharma
      @CAVikasSharma  Год назад +1

      No need to show self invoice in gstr 1

    • @jpranay283
      @jpranay283 Год назад

      @@CAVikasSharma matal Sir GSTR3 B me show karna hoga? Thank you for quick reply .

    • @CAVikasSharma
      @CAVikasSharma  Год назад

      @@jpranay283 yes, to pay rcm it needs to mention in 3b

    • @jpranay283
      @jpranay283 Год назад

      @@CAVikasSharma Thank so much Sir for your help. Ap sachme sabki madat karna chate hai. Thank you.

  • @kumarkailash7297
    @kumarkailash7297 Год назад

    Thank you sir for deeply explain

  • @seemasingh3405
    @seemasingh3405 3 года назад +1

    Thank you so much..
    This is what I was searching for..
    Sir RCM ka payment kaise krna h?? ye bta dijiye

    • @CAVikasSharma
      @CAVikasSharma  3 года назад +1

      via challan in GSTR 3B

    • @seemasingh3405
      @seemasingh3405 3 года назад

      @@CAVikasSharma thank you sir
      One more question sir if supplier is registered under gst then there is requirement of self invoicing or not??

  • @linga050276
    @linga050276 3 года назад

    Excellent Sir it is very clear video to understand RCM concept.

  • @ruchirawat9028
    @ruchirawat9028 2 года назад

    Thanks a lot Sir🙏 you make this RCM topic very very easy

  • @jyothirmayis-of6xy
    @jyothirmayis-of6xy 3 месяца назад

    Sir it's really awesome thank you so much

  • @rekha.chaudhary
    @rekha.chaudhary Год назад

    most useful video i found on youtube ❤

  • @ruhulsingh8389
    @ruhulsingh8389 3 года назад

    Very nice explanation sir mene bhut Chanel per video dekhr per mera kisi ka smjh nhi aaya apki btana ka trika ekkdam perfect h thank u sir sir ye gst r3b rcm ke sath file krte h ya uske bad

    • @CAVikasSharma
      @CAVikasSharma  3 года назад

      Thank You

    • @ruhulsingh8389
      @ruhulsingh8389 3 года назад

      @@CAVikasSharma sir ye to bta dijiye ki hum gst r3b return or itc clam krna Ho to ye rcm ke sath hi krte hai ya iske bad

  • @rpsingh7546
    @rpsingh7546 2 года назад

    Explained beautifully.

  • @praveensn7230
    @praveensn7230 3 года назад

    Really wonderful video all concepts of RCM cleared nicely

  • @varungupta3762
    @varungupta3762 2 года назад

    Thank u so much Sir. Very helpful video and very nice speech you have.

  • @nayeshasheikh9575
    @nayeshasheikh9575 3 года назад

    Sir buhat aacha samjaya

  • @rajivsingh829
    @rajivsingh829 Месяц назад

    Very useful information

  • @manishrawat7339
    @manishrawat7339 4 года назад

    Thankyou sir....bht achi lgi apki class..

  • @rahulbathwal4658
    @rahulbathwal4658 3 года назад

    very nicely compiled video with all necessary explanation. Thank you Sir

  • @sharifshaikh3164
    @sharifshaikh3164 3 года назад

    Best 👍💯 teacher
    Thank you so much sir

  • @abhinaykumar7212
    @abhinaykumar7212 3 года назад +1

    Does stat ajdustment like increase of tax liability and increase of input tax credit required for RCM

  • @Amitrajputchannel
    @Amitrajputchannel 3 года назад

    All in one
    Thanks sir you cover all aspects in simple word.
    Make more videos on other topic

  • @piyushchande5942
    @piyushchande5942 2 года назад

    Good clarification....wants to know , if ITC is avbl on payment of RCM by Recipient, then what is the benefit of RCM to Dept ????

    • @CAVikasSharma
      @CAVikasSharma  2 года назад

      To make sure the Tax Collection in Cash funds (no use of ITR)

  • @sanjayt2611
    @sanjayt2611 2 года назад

    Wonderful presentation

  • @aditidivekar3007
    @aditidivekar3007 3 года назад

    Very nice explanation sir👍

  • @JyotiAman-D4y
    @JyotiAman-D4y 3 года назад

    Excellent knowledge and video , Thank you Sir

  • @saifsyedmohammad3769
    @saifsyedmohammad3769 Месяц назад

    what are applicable customs, gst and income tax on imported cryptocurrencies

  • @sumitbharuka8096
    @sumitbharuka8096 3 года назад

    Very well explained sir....all doubts clear 🙏

  • @jyotigurung6650
    @jyotigurung6650 2 года назад

    Effective! Thanks a lot.🙏

  • @anildhayagude9529
    @anildhayagude9529 2 года назад

    SIR, VERY GOOD ANALYSIS. THANKS !

  • @sachinrv1
    @sachinrv1 2 года назад

    Excellent explanation Sir

  • @halapujari
    @halapujari 3 года назад

    Sir! Well,well ..understand very good specially for best example about RCM

  • @bhausahebavhad6443
    @bhausahebavhad6443 2 года назад +1

    अच्छा विडियो।

  • @dhananjay5436
    @dhananjay5436 3 года назад

    It's video very helpful

  • @azadnadaf8937
    @azadnadaf8937 2 года назад

    very good explanation

  • @nareshkamble3590
    @nareshkamble3590 2 года назад

    Nice lecture sir

  • @ajaybisht577
    @ajaybisht577 2 года назад

    Niiice Explained .Thank You Sir

  • @haridaspaik1856
    @haridaspaik1856 Год назад

    excellent sir,

  • @mohammadiqubal9247
    @mohammadiqubal9247 3 года назад

    Superb explanation.

  • @md.junaidanwar838
    @md.junaidanwar838 3 года назад

    Nicely explained, god bless you.

  • @kapilrana8498
    @kapilrana8498 2 года назад

    sir mujhe income tax return file karna sikhna ha aur income tax slab ke baare mein puri jaankari chahiye ki kitni income par kitne % tax lagta hai and thanks for guide rcm topic

    • @CAVikasSharma
      @CAVikasSharma  2 года назад +1

      Thanks and welcome. Please like and share the video and subscribe the channel

    • @kapilrana8498
      @kapilrana8498 2 года назад

      @@CAVikasSharma ok sir

  • @mirzashakil4371
    @mirzashakil4371 2 года назад

    Knowledgeable 👍

  • @newawake7444
    @newawake7444 Год назад

    Thanks for clearing the rcm. Is it apply over cash purchase also?

  • @beyourself9810
    @beyourself9810 3 года назад

    Sir you made to understand the RCM concept very easily. The video was very informative. Thank you for the video sir. I have a query on how to disclose RCM of outward supplies in GSTR-1 & 3B. Q1) In GSTR-1 B2B column RCM invoice value should be shown in O% row or 5% row. Q2) In GSTR-3B outward RCM turnover if we shown in 3.1(a) it will ask to enter tax amount compulsorily so we cannot show in 3.1(a). So my question is in column 3.1 where the RCM outward supply to be shown. Kindly suggest. Your prompt reply will be appreciated. Thank you very much sir.

    • @CAVikasSharma
      @CAVikasSharma  3 года назад

      connect with on whatspp 9311014508

    • @beyourself9810
      @beyourself9810 3 года назад

      @@CAVikasSharma thank you Sir 🙏🏻

  • @jsampath217
    @jsampath217 3 года назад

    Loved your detailed explanation Sir

  • @arunbaranwal928
    @arunbaranwal928 2 года назад

    VERY GOOD VEDIO ON RCM

  • @ca.Arvindkumar
    @ca.Arvindkumar 3 года назад

    Excellent video sir

  • @kuldeepsingh-ox8wc
    @kuldeepsingh-ox8wc 2 года назад

    Very nice sir thanku

  • @goutammazumdar3897
    @goutammazumdar3897 2 года назад

    SIR,YOU CAN EXPLAINED VERY BEAUTIFULLY, sir how shall we show self invoice of RCM in GSTR-1, we are small supplier some items pur.unregistered, white phenyle, napthaline, etc ,sir how to create self invoice on this item.

    • @CAVikasSharma
      @CAVikasSharma  2 года назад +1

      No need to show self invoice of RCM in GSTR-1

    • @goutammazumdar3897
      @goutammazumdar3897 2 года назад

      @@CAVikasSharma Thank you sir, for your great response.

  • @smartboyonnet
    @smartboyonnet 3 года назад

    Wow. Fantastic video. Thanks a lot sir. Well defined.

  • @parwezalam5092
    @parwezalam5092 6 месяцев назад

    Bahoot khoob 👌👌👌

  • @smcorner7814
    @smcorner7814 3 года назад +1

    Sir, Video bahut Acha he. Views k liye Thumbnail acha banao.
    Content se hisab se kam views he or subscriber kam he.
    You deserve more and more

    • @CAVikasSharma
      @CAVikasSharma  3 года назад +1

      Thank You for your suggestion but these all things are taking time

  • @sahilchaudhary5357
    @sahilchaudhary5357 2 года назад

    Thankyou sir ji 🥺🙏🙏

  • @RajatKumar-wh4zd
    @RajatKumar-wh4zd 6 месяцев назад

    Superbb communicate

  • @5859ful
    @5859ful 3 года назад

    Thanks Sir 4 sharing ur valuable views🙏🏻

  • @pcsgauravthakur
    @pcsgauravthakur 3 года назад

    Thanks for updating the knowledge

  • @stc249
    @stc249 3 года назад

    Rcm kaun kaun se factor service me hai like freight transport detension charge engineer service advocate service or...and agar import kar rahe hai to kya us material pe bhi ayega jahan already ocean freight rcm ata hai ya ata tha

  • @OPArya_ddn
    @OPArya_ddn 3 года назад

    Thank you sir. Explained nicely.

  • @rajgirap7231
    @rajgirap7231 3 года назад

    Thank you sir very well explain

  • @sajidahmed3688
    @sajidahmed3688 2 года назад

    Sir, thanks for sharing knowledge. Can we buy Raw skins in RCM. because most of raw skin suppliers are URD. Sir, where to show the inward supply of the goods in gstr1.

    • @CAVikasSharma
      @CAVikasSharma  2 года назад

      Connect with me on whatsapp 9311014508

  • @saifsyedmohammad3769
    @saifsyedmohammad3769 Месяц назад

    If your profit margin is less than 18% , then under RCM ,will I be at loss . Or we have to pay net GST on the payment made

  • @AnjuBala-xf4ry
    @AnjuBala-xf4ry 4 года назад +1

    Thank u sir itne ache se RCM ka concept clear karne k liye

  • @sanjibdas5775
    @sanjibdas5775 2 года назад

    Sir, bring on block credit, time of supply & place of supply related video.

  • @prabhatgupta4879
    @prabhatgupta4879 Год назад

    Weather rcm is applicable on rent paid to unregistered in year 17-18

  • @rakeshsingla5557
    @rakeshsingla5557 2 месяца назад

    Sir, husk, cattle feed, Gur, khal binola, pashu ahar tax free hai, kiya is py Freight rcm lagoo hai,

  • @sureshgour8369
    @sureshgour8369 2 года назад

    Sir as a recipient rcm ka payment kese kre 3b main vo ak chhota sa video bnaiye full details ke sath

  • @vivekthapliyal9898
    @vivekthapliyal9898 3 года назад

    Nice video well defined

  • @rohitgaikwad9879
    @rohitgaikwad9879 3 года назад

    Nice explanation sir Thank u

  • @parvathikadari6129
    @parvathikadari6129 11 месяцев назад

    its really good

  • @teenakahar708
    @teenakahar708 3 года назад

    Thank you . Best 👍👍👍

  • @dr.anshubansalgupta1631
    @dr.anshubansalgupta1631 2 года назад

    Sir, plz tell how rcm entry is made by the supplier in gstr1 ...as when we show in table 9 in supply reverse charge, it also takes tax entry in total figure....having confusion

    • @CAVikasSharma
      @CAVikasSharma  2 года назад

      connect with me on WhatsApp me at 9311014508

  • @funnyclassroom3214
    @funnyclassroom3214 2 года назад

    Very nice sir👌👍

  • @souravsaini7690
    @souravsaini7690 3 года назад

    Sir thx for the awesome lecture 😊😊

  • @vishnusoniajmer5953
    @vishnusoniajmer5953 2 года назад

    Super Sir Really Nice Video Sir Ji

  • @appubolettin5349
    @appubolettin5349 3 года назад

    Thank you so much sir 🙏

  • @mmA-ED
    @mmA-ED 3 года назад +2

    Sir, I am an Architect from Bhubaneswar. Your video has been fantastic online teaching in regards to RCM. However, I had a doubt regarding Section 9(4) which you said is not yet applicable. Is it still not allowed? What about Notification No. 8/2017? Does it make professional services like Architects and Engineering consultants liable to pay under RCM? And if the Tax is below Rs. 5000 for the entire month is the tax payment exempted or payable? I have just subscribed to your Channel. Thanks for this wonderful service.

    • @CAVikasSharma
      @CAVikasSharma  3 года назад

      9(4) is still non operational

    • @mmA-ED
      @mmA-ED 3 года назад

      @@CAVikasSharma Sir, then for March GSTR return, should one show his Consultant payment in the inward supplies as nil return or RCM? Or how would one show?

  • @SUNNYKUMAR-kx3qu
    @SUNNYKUMAR-kx3qu 3 года назад

    Very nice video sir

  • @sunnyraj4431
    @sunnyraj4431 3 года назад

    This is a knowledgeful video

  • @ramansalwan6350
    @ramansalwan6350 2 месяца назад

    THANKS SIR