GENERAL INFORMATION

  • Annual Return once filed can not be revised
  • Each Registered dealer who are liable to file GSTR-1 & 3B are liable to file Annual Return, Even Nil Annual return is required to be filed.
  • Liability Can be discharge but ITC can not be claimed through Annual Return.
  • Annual return to be filled on the basis of details filled in 3B. If liability not yet discharged, still it can be paid through DRC -03 and declare it in the Annual Return.
  • The Input for Liability discharged through DRC -03 can not be claimed and shall lapse.

CASE STUDY – 1

AS PER BOOKS OF ACCOUNT 2017-18 (AUDITED BALANCE SHEET)
INWARD SUPPLY LIABLE TO RCM TAX (RCM)
100000/- 5000/-

LIABILITY AS PER 3B INPUT AS PER 3B
2017-18 2018-19 2017-18 2018-19
INWARD SUPPLY 100,000.00
TAX 5,000.00 5,000.00

GSTR 9 INWARD SUPPLY RCM PAYABLE INPUT/LIABILITY REMARK
TABLE 4G 100,000.00 5,000.00 NOTHING
TABLE 9 5,000.00 NOTHING
TABLE 6C/6D 5,000.00 INSERT

CASE STUDY – 2

AS PER BOOKS OF ACCOUNT 2017-18 (AUDITED BALANCE SHEET)
INWARD SUPPLY LIABLE TO RCM TAX (RCM)
100000/- 5000/-

LIABILITY AS PER 3B INPUT AS PER 3B
2017-18 2018-19 2017-18 2018-19
INWARD SUPPLY 100,000.00
TAX 5,000.00 5,000.00

GSTR 9 INWARD SUPPLY RCM PAYABLE INPUT/LIABILITY REMARK
TABLE 4G 100,000.00 5,000.00 NOTHING
TABLE 9 100,000.00 5,000.00 NOTHING
TABLE 13 5,000.00 INSERT

CASE STUDY – 3

AS PER BOOKS OF ACCOUNT 2017-18 (AUDITED BALANCE SHEET)
INWARD SUPPLY LIABLE TO RCM TAX (RCM)
100000/- 5000/-

LIABILITY AS PER 3B INPUT AS PER 3B
2017-18 2018-19 2017-18 2018-19
INWARD SUPPLY 100,000.00
TAX 5,000.00 5,000.00

GSTR 9 INWARD SUPPLY RCM PAYABLE INPUT/LIABILITY REMARK
TABLE 4G 100,000.00 INSERT
TABLE 10 5,000.00 INSERT
TABLE 13 5,000.00 INSERT

CASE STUDY – 4

AS PER BOOKS OF ACCOUNT 2017-18 (AUDITED BALANCE SHEET)
INWARD SUPPLY LIABLE TO RCM TAX (RCM)
100000/- 5000/-

LIABILITY AS PER 3B INPUT AS PER 3B
2017-18 2018-19 2017-18 2018-19
INWARD SUPPLY 100,000.00
TAX

GSTR 9 INWARD SUPPLY RCM PAYABLE INPUT/LIABILITY REMARK
TABLE 4G 100,000.00 5,000.00 INSERT
TABLE 10 NOTHING
TABLE 13 NOTHING

NOTE : ITC WILL LAPESE BECAUSE NOT CLAIMED WITHIN TIME, PAY THROUGH DRC 03

CASE STUDY – 5

AS PER BOOKS OF ACCOUNT 2017-18 (AUDITED BALANCE SHEET)
INWARD SUPPLY LIABLE TO RCM TAX (RCM)
100000/- 5000/-

LIABILITY AS PER 3B INPUT AS PER 3B
2017-18 2018-19 2017-18 2018-19
INWARD SUPPLY 100,000.00
TAX 25,00.00 25,00.00 25,00.00 25,00.00

GSTR 9 INWARD SUPPLY RCM PAYABLE INPUT/LIABILITY REMARK
TABLE 4G 100,000.00 2,500.00 MODIFY
TABLE 6C/6D 2,500.00 INSERT
TABLE 10 2,500.00 INSERT
TABLE 13 2,500.00 INSERT

CASE STUDY – 6

AS PER BOOKS OF ACCOUNT 2017-18 (AUDITED BALANCE SHEET)
INWARD SUPPLY LIABLE TO RCM TAX (RCM)
100000/- 5000/-

LIABILITY AS PER 3B INPUT AS PER 3B
2017-18 2018-19 2017-18 2018-19
INWARD SUPPLY 100,000.00
TAX 5,000.00 2,500.00 2,500.00

GSTR 9 INWARD SUPPLY RCM PAYABLE INPUT/LIABILITY REMARK
TABLE 4G 100,000.00 5,000.00 MODIFY
TABLE 6C/6D 2,500.00 INSERT
TABLE 13 2,500.00 INSERT

CASE STUDY – 7

AS PER BOOKS OF ACCOUNT 2017-18 (AUDITED BALANCE SHEET)
INWARD SUPPLY LIABLE TO RCM TAX (RCM)
100000/- 5000/-
INWARD SUPPLY IN JULY 2017 OF RS 100000/- TAX DEPOSITED AND ITC CLAIMED IN JULY 2017 RS.3000/- AND DIFFERENCE OF RS. 2000/- DEPOSITED AND ITC CLAIMED IN MARCH 2018

LIABILITY AS PER 3B INPUT AS PER 3B
2017-18 2018-19 2017-18 2018-19
INWARD SUPPLY 100,000.00
TAX 5,000.00 5,000.00

GSTR 9 INWARD SUPPLY RCM PAYABLE INPUT/LIABILITY REMARK
TABLE 4G 100,000.00 3,000.00 MODIFY
TABLE 4K 2,000.00 INSERT
TABLE 6C/6D 5,000.00 INSERT

CASE STUDY – 8

AS PER BOOKS OF ACCOUNT 2017-18 (AUDITED BALANCE SHEET)
INWARD SUPPLY LIABLE TO RCM TAX (RCM)
100000/- 5000/-
INWARD SUPPLY IN 2017 -18 OF RS 100000/- TAX DEPOSITED AND ITC CLAIMED IN 2017-18 RS.5000/- AND REVERSED RS. 5000/- IN MARCH 2018

LIABILITY AS PER 3B INPUT AS PER 3B
2017-18 2018-19 2017-18 2018-19
INWARD SUPPLY 100,000.00
TAX 5,000.00 5,000.00

GSTR 9 INWARD SUPPLY RCM PAYABLE INPUT/LIABILITY REMARK
TABLE 4G 100,000.00 5,000.00 MODIFY
TABLE 6C/6D 5,000.00 INSERT
TABLE 7E 5,000.00 INSERT

CASE STUDY – 9

AS PER BOOKS OF ACCOUNT 2017-18 (AUDITED BALANCE SHEET)
INWARD SUPPLY LIABLE TO RCM TAX (RCM)
100000/- 5000/-
INWARD SUPPLY IN 2017 -18 OF RS 100000/- TAX DEPOSITED AND ITC CLAIMED IN 2017-18 RS.5000/- AND REVERSED RS. 5000/- IN MARCH 2019

LIABILITY AS PER 3B INPUT AS PER 3B
2017-18 2018-19 2017-18 2018-19
INWARD SUPPLY 100,000.00
TAX 5,000.00 5,000.00

GSTR 9 INWARD SUPPLY RCM PAYABLE INPUT/LIABILITY REMARK
TABLE 4G 100,000.00 50,000.00 MODIFY
TABLE 6C/6D 5,000.00 INSERT
TABLE 12 5,000.00 INSERT

CASE STUDY – 10

AS PER BOOKS OF ACCOUNT 2017-18 (AUDITED BALANCE SHEET)
INWARD SUPPLY LIABLE TO RCM TAX (RCM)
100000/- 5000/-
INWARD SUPPLY IN 2017 -18 OF RS 100000/- TAX DEPOSITED AND ITC CLAIMED IN 2017-18 RS.5000/- AND REVERSED RS. 5000/- IN ANNUAL RETURN

LIABILITY AS PER 3B INPUT AS PER 3B
2017-18 2018-19 2017-18 2018-19
INWARD SUPPLY 100,000.00
TAX 5,000.00 5,000.00

GSTR 9 INWARD SUPPLY RCM PAYABLE INPUT/LIABILITY REMARK
TABLE 4G 100,000.00 50,000.00 MODIFY
TABLE 6C/6D 5,000.00 INSERT
TABLE 7E 5,000.00 INSERT & PAY WITH DRC 03
Download Practical Guide on GSTR 9 on RCM Related issues with Case Studies

Author Bio

More Under Goods and Services Tax

4 Comments

  1. sugam sharma says:

    Dear Sir,

    What will be the treatment in GSTR-9 if RCM of 2017-18 are paid in 2018-19 and also ITC has been claimed in 2018-19.

Leave a Comment

Your email address will not be published. Required fields are marked *