PPT-Reporting of RCM ITC Opening balance
PPT on the Latest advisory issued by GSTN and on the reporting of RCM ITC operating balance.
Tag: RCM liability-ITC Statement
Introduction of RCM Liability/ITC Statement
To assist taxpayers in correctly reporting Reverse Charge Mechanism (RCM) transactions, a new statement called “RCM Liability/ITC Statement” has been introduced on the GST Portal.