#22|RCM ENTRY को TALLY PRIME में कैसे MAINTAIN करे|TRANSPORTATION CHARGES|SEC-9(3)|FULL DETAILS|
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#22|RCM ENTRY को TALLY PRIME में कैसे MAINTAIN करे|TRANSPORTATION CHARGES|SEC-9(3)|FULL DETAILS|
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20 470 просмотров · 5 лет назад
Record Inward Supply Under Reverse Charge (RCM)
For inward supplies liable to reverse charge, you can record inward supply under reverse charge in TallyPrime. Under reverse charge, you can account for advance payments, inward supply of taxable services, cancellation of advance payments, and purchase returns. The transaction details are captured in GSTR-2 and GSTR-3B report.
Set up for Inward Supply Under Reverse Charge
You can set up the following for inward supplies under reverse charge:
Stock items
Service ledgers
Configure Stock Item
Gateway of Tally - Alter -type or select Stock Item - and press Enter.
Alternatively, press Alt+G (Go To) -Alter Master - type or select Stock Item - and press Enter.
Select the required stock item.
Specify GST applicability
Set the option GST Applicable to Applicable.
Enable the option Set/Alter GST Details.
Provide GST details.
Press F12 (Configure) - set the option Enable Reverse Charge calculation to Yes -and save the configuration screen.
In the GST Details screen, set the Taxability to Taxable.
Set Is reverse charge applicable to Yes.
Enter the GST rates.
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Your Query-
What is RCM under GST
Reverse Charge Mechanism Concept under GST
How RCM Work under GST
What is Section 9 (3) & (4)
RCM Accounting Entries
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