RCM on Transportation Charges in GST Tally ERP 9 Part-38|Reverse Charge Transportation Charges Tally

[@naveen5344]

wonderful explanation while watching your video i have tried at office and finally got ITC in Balance sheet Thank you master

[@careerp]

Great 👍

[@himanshusahu2964]

बहुत ही सानादर वीडियो है बहुत accce तरीके से आपने बताया है धन्यवाद

[@careerp]

💐💐

[@kanchanlatapathak281]

LOVELY TEACHING...I always see your channel sir . thanks a lot . my all confusion get rid when i see your channel

[@careerp]

Always welcome

[@vinayakzankar872]

Hello...Sir Career planet education me apne har taraha ki video banai hai...use hame bhahut fayda mila hai.. tally erp.9 ki aap or ek video banao na sir Dtdc Courier service all service charges and gst tax.... Please sir...

[@careerp]

👍

[@mukeshjoshiaccountant9301]

thank you sir RCM was bigest problem for me

[@gayathrishrinivas9371]

very goods description of GTA services to entry in tally

[@careerp]

+Gayathri Shrinivas ,thanks

[@divyeshthaker2976]

Good explanation on RCM. Thanks a ton.

[@careerp]

Most welcome!

[@jyotimahana4556]

Thanku Sir...good teaching..good explanation...👍👍👍👍👍

[@careerp]

Always welcome

[@shivamchauhan2011]

Wonderfull sir ji thankyou and audit videos ho to sir please send your side

[@akhileshkumartiwari1601]

Veryy useful and informative video sir

[@careerp]

Thanks

[@ultimoho631]

Sir Thank u.......... for this awesome video.

[@shabnamgupta4837]

Thanqu sir....😘😘😘.. doubt clear hua...😊

[@careerp]

Most welcome💐

[@RajuKumarRaj-bf9zt]

Hii

[@smdm9736]

सर मेने किसी अन रजिस्टर्ड पर्सन से used material buy किया । और उसे रिपेयर करके sale कर दिया। जिसका मेने gst invoice दिया है। अब उस मटेरियल का RCM bill बनाना होगा या कुछ और ऑपशन है।

[@shrishailpatil617]

Sir please adjustment entry's ka ek perfect understand hone jaisa video daliye me wait kar tha hu sir tq so much

[@jaimatadi2520]

Sir ek banda hai jo apni niji gaadi se maal transport karta hai ek hi gaadi hai uske pass to wo URD hai to kya uspe bhi rcm applicable hoga plz reply dijiye ism very confuse 🤔🤔

[@mifacolaco3325]

Excellent video...

[@rohitbansal01]

Aapne mera wala tareeka aakhir apply kar he dia 😁.

[@careerp]

+Rohit Bansal ,yes thanks for support ..

[@varshapatel9635]

Nice video sir..

[@careerp]

Thanks👍

[@jhonsherpa4992]

Ty sir for making video on this topic

[@ileshsakhiya9648]

amazing and wonderful video sir

[@careerp]

+ilesh sakhiya ,Thank you so much

[@amitkhadaria1730]

hlo sir kis date sa advance receipts pa tax charge nai karna parega , ya tax charge ka kya limit tha thora bolia or composit scheme ka naya erp 9 ma accounts ka koi demo dijiya pls sir

[@rinkeshhmunganiya]

Educational video awesome sir...

[@careerp]

+Rinkesh Munganiya ,thanks

[@maheshchandra7617]

namaskar sandip sir , Thanks a lot . sandip sir pls schedule wala video post kijiye aapne haa kaha tha ,,,, sir aapke video bahut knowledge dete hain sir pls balance sheet mai schedule wala video post kijiye

[@ravireddy8724]

Nice video 👍

[@careerp]

Thanks💐

[@udaydas8818]

very good lecturer on the subject thank you

[@careerp]

Most welcome💐

[@millipal730]

Sir pls reply jis din din hum manufacture ki entry pass krta h kua use din reverse charge ki entry pass kranga gst ka sath ya bad m

[@careerp]

month ke end me pass kar sakte hai

[@maneeshpandey3361]

Hello Sandeep good evening, Sandeep agar ap k pass PRECLOSR k uper koi video ho to pls link dijiyega , one more request Sandeep agar ap ke pass Advance payment, Advance receipt, & Advance return ko lete hue GST mai koi video ho to pls send karen, thank you. Manish

[@nishantshah6038]

As in the case of GTA for inter state supply of goods/ services he must need to register under GST Irrespective of its turn over...?..

[@atozinonetv.5136]

Sir tally ma jo gta rcm ki entry korte hay humlog. Aur use phir journal vouchet ke jariye stat adjustment korte hay. Tho ye adjust ment q korte hay? Aur isse gst portal se kya lena dena hay? Plz explain

[@careerp]

Journal adjustment se tally k gstr2 par effect aata hai, gst portal se iska koi lena dena nahi hai

[@rohanbagra3555]

very good very useful video

[@careerp]

+Rohan Bagra ,thanks

[@piyushengineering3325]

sandeep ji agar tally me GST No. agar company ka show hota to bahut badhiya rehta iske karan gst Return offline utility me dubara vapas dekhna padta he.

[@ashwinsharma4503]

Is RCM applicable in case transportation charges has been mentioned on invoice of goods. However no separate builty is available

[@rahulmakani]

Now as provisions provide for forward charge of transportation charges also if we make this ledger under RCM applicability how to do entry in same ledger applying forward charges?

[@shivkumar-er8wx]

Very fine RCM

[@9832077447]

Sandeep Jee.. maine INPUT CGST, INPUT SGST & OUTPUT CGST, OUTPUT SGST ledger create kiya hai. mai jb Adjustment entry karung to mai credit tax kisko karunga INPUT CGST OR output CGST... Aur ek sawal Tax on reverse charges ko kiske under rakhunga..

[@bhavikshah7565]

If RCM not taken in that year but we have right to take same on next year on or before September, in the September month I have show 1st ITC payable & ITC reverse in the same month I.e in September, shall I take this way.

[@amarnathgupta6132]

Sandeep ji bilty ka amount 8000/- hai. Or usi bilty par transport ne service charge lagaya hai 300/- tab mein 5% igst calculate kon sa amout mein karu. Transpoter bhi interstate register deler hai.

[@samimsaikh1221]

Gstr4 meh friegt add wala purchase bill kaise entry kara agar total taxable value including freight RCM applicable hai or agar nahi applicable hai Sir please reply.

[@vishnusoniajmer5953]

Nice video Sir Intra State = Cgst , Sgst Interstate = Igst RCM Right Sir ??

[@monulal6204]

BEST WAY TO UNDERSTAND, MANY THANKS

[@careerp]

Most welcome, keep learning🙏

[@ravikanth3454]

Bro u r passing purchase voucher, in P&L a/c it ll reflect in purchase acconts or expenses ? Pls tell

[@careerp]

Expenses

[@naveenbahl6960]

in case we start a new business can we do this entry car a/c dr. to capital c/r.

[@careerp]

It is done only when car purchase for business , before starting ur business

[@naveenbahl6960]

Career Planet Computer Education thanks sir

[@vazirsingh5184]

whether purchase from urd will also come in inward supply liable to reverse charge as reverse charge entries come on both sides 3B

[@jharanapadhy1720]

nice vidio

[@rajkumar-oi2mv]

Thanks🙏🙏❤️

[@careerp]

You're welcome 😊

[@anjaneyulukodam9961]

Good morning sir,

[@careerp]

Morning

[@debasismohapatra8734]

Can we take both inward nd outward rcm simultaneously for Claiming Itc in rcm .if I hv not liblity not arise can we hv to pay tax then eligible for input for subsequent month .if I hv liability can we adjusted the both rcm inward nd out word in 3b nd not paid any liability on rcm.also same can be adjusted as contra

[@sohanlalbhatt4083]

ultimate sir..........

[@careerp]

+Sohan Lal Bhatt ,Thank you so much

[@manjuk4887]

If I make entry like this the creditor ledger balance shows with tax amount please clarify

[@rajasthanisawag2613]

Sir kya hum gstr 1 Ko CA Ke pass mail ke skte h aur kese hoga plz tell me

[@ankitsharma-fl2kv]

Sir... How to make configuration setting in order to feed an entry freight charges entry(affecting inventory) which will increase closing stock valuation simultaneously

[@varshapatel9635]

Sir registeref dealer se purchase krne pr v agar limit se eccess he to v rcm method use krna hota he kya

[@careerp]

+Varsha Patel ,yes

[@zzahmed78]

Sir ji koi transporter ke pass gst no h to kya wo gst lgage bill dega kya plz help

[@msrchannel4721]

Thank you very much sir

[@raghusamal2915]

Thank you sir

[@careerp]

Most welcome💐

[@rahuljain5823]

Sandeep ji please advise while passing the Stat Adj entry what is the difference between the two options "Purchase under reverse charge" and "Purchase from unregistered dealer" in Additional details. Means when we should select "Purchase under reverse charge" and when "Purchase from unregistered dealer"?

[@careerp]

+Rahul Jain ,in case of rcm apply only urd purchase then select purchase from urd and if ur purchase from urd and rd or apply rcm then select purchase under rcm

[@rahuljain5823]

You mean for expenses like "transportation charges' which comes under RCM category whether purchase from RD or URD should be adjusted with "Purchase under reverse charge".?In case of Tally those exp where we select the "yes" in the option "Is reverse charge applicable" (when creating the exp ledger) will adjusted through "Purchase under reverse charge" and other normal taxable expenses or goods received from URD will be adjusted through "Purchase from unregistered dealer"?Please confirm if my understanding is correct! Thanks in advance

[@careerp]

+Rahul Jain ,yes you r right

[@rahuljain5823]

Thank you

[@rajendrasolet432]

dear all pls tell me freight inward and freight outward is under direct and indirect expenses but taxabilty revers charge and input credit option are yes or no. 1.nature of transaction...........

[@jigneshmesariaofficel3148]

Sir mera local transportion business hai aur me local transportation me monthly bill pe gst rcm me hoga ya nahi kyoki dailly mera kaam 400 ya 500 ka hota hai to me monthly bill de ta hu to rcm hoga ya nahi plse sugest to me

[@careerp]

750 /- rs tak no rcm applicable😊

[@gulshanshakya2242]

Registered transport par bhi rcm lagana h please btaye

[@vishnusoniajmer5953]

Sir Is RCM Applicable On Tempo Freight ?? Reply

[@varshapatel9635]

Sir mene tax on reverse charge ka ledger bnaya under current liability liya but jvi liability book krne ki entry ki to entry 3b me show kr rhi he ki no direct implication of tax iska kya mtlb he

[@ok-vn4xq]

Sir purchase invoice me Freight Charges aur Packing Charges per jo Gst laga hota hai uski ITC claim kar sakte jain

[@careerp]

Yes

[@akramofficialchannel]

Sir Maine July August month ka transport entry nahi kiya hai, agar main sep main uska entry karu too kiya baad main mujhe itc credit milega

[@dharmakaith6538]

we have recd. monthly bill for rs. 12000 from transporter for daily loadings of below rs. 750 how to enter this bill for rcm.

[@careerp]

All exempted

[@mukeshvds2u]

sandeep ji I received capital goods via registered interstate gta transport service and the consignment amounts to rs.4912 whether i am liable to pay tax under rcm

[@varshapatel9635]

Sir rcm basis pr jo tax liability banti he use separately pay krna jruri he kya ya jvi gstr 3b file krte he tvi ek sath pay kr skte he

[@careerp]

+Varsha Patel , Jee Nahi alag se pay karna Hota Hai

[@sudhanshudubey2363]

Sir can u explain in input output method if someone maintain our accounts in input output method

[@careerp]

+Sudhanshu Dubey ,i uploaded input output adjustment video plz watch it

[@sumitsourav9698]

Sir Ye Sab Entry Tally Prime Banaka Jhamjhaiye ERP 9 Se Thora Confusion Ho Raha hai Freight par RCM Apply Karne me Transporter Rasister Hai and Inter state Freight 80000 Thousands hai Please.

[@karankapoor1324]

Sir how did u make ledger of 'tax on reverse charge'

[@harikishansinghal4344]

Tally release 6.3.1 me agar july Month me transport service interstate unregistered dealer ki entry karne par ,us entry pr reverse charge calculate nhi kar rha..Jabki july month me interstate unregistered dealer par bhi reverse charge applicable tha...Plz resolve this problem

[@hindisahityasargam608]

डीयर संदीप जी, मेरा सवाल यह है कि अगर सप्लायर और रिसीवर दोनों लोकल है, लेकिन unregistered ट्रांसपोर्टर सेन्ट्रल है तो इस केस में CGST & SGST टैक्स लगेगा या IGST टैक्स लगेगा?

[@mohitjain3120]

Great job✌️

[@careerp]

Thanks💐

[@chinmayapanda3677]

Sir kindly inform if a product price are same in all over india so what about transportation cost

[@AyushSharma-2000]

Amazing❤

[@meenusomani759]

How cess entry entered in challan and if added how to remove cess.

[@sunilcompany7083]

in case we receive bill for telephone etc. from staff or where my GSTN no. not entered but bill receive with GST tax. This type of expenses is URD or not if value is exceed of 5,000/- a day. what is the impact of GST?

[@ayushisinghal3468]

Sir agar enter same ki jay per gst 2 m appki entry hi show na kara to kya kara

[@careerp]

Check ur mismatch status

[@cochincustomswarehouse4707]

our department is a central government department and we are selling confiscated goods , old and used goods to registered and unregistered person. In this case what are the guideline we should follow. In addition to this who is liable to pay or file GST return in above both cases

[@dilip467]

Please inform under which head the tax on reverse charges ledger shall be created

[@careerp]

+Dilip Kumar Chiguluri ,current assets

[@saravananr6719]

client collecting rent from karnataka state and he still not registered in GST and inform me whether he can register in karnataka and pay SGST and CGST or he can register in the state where he living and collect IGST

[@manojdalai1714]

Sir main ek trading company main cam karta hu hmara goods transport se bheja jatahe ham transport ko payment karte he esi khetrame kya ham reverse charges Le painge please tell me sie with example se bataea

[@istuteja7040]

Sir in case one is required to pay some penalty for late payment of reverse charge , uploading GST returns , 1 under which head that amount should be vouched .Late fee, interest ?Or penalty 2 the penalty amount is collected by gst portal in two parts cgst and sgst .Whether two different ledger should be created . Please advise

[@careerp]

Create single ledgers for penalty under indirect expenses

[@manojkumarjain99]

Hsn code can be displayed in stock summary?

[@TheMotorman1981]

Sir ek baatj bolna chahuga...According to notification no 12/2017 dated 28th June 2017 under Central Rate Tax all non GTA transportation is exempted..

[@Sam-wb3xj]

Good briefing

[@careerp]

+Anoop Verma ,thanks

[@rajeshpillai4462]

Very informative

[@careerp]

+Rajesh Pillai ,thanks

[@naveenbahl6960]

plz provide the list of itc for the expenses for which we claim input tax credit

[@AshokKumar-qo9dp]

Why to deposit and take ITC, is it ease of doing business in India. For small traders. Confusion and complication in every entry.

[@deepaksain7477]

IFAZONE join karne ke liye contact no 9667586325 better future and better life and best income generate karne k liye

[@r.s.jasrotia4698]

So that every entry of expenditure can come in light and chances of hiding enteries can minimised.

[@indarpoptani1329]

Sandeep ji, hamne transportation service provide ki hai aur hamara trading ka bhi bussiness hai. Transport me reverse charge ka invoice banaya hai to tally me iski entry kaise hogi ??

[@careerp]

+Indar Poptani ,plz watch rcm on sales video

[@axiom-record-db9208]

Please publish a video on speed post telephone bill payments as the GST already charged in speed Post reecipts @18% as well as in Phone bills. Please advice us how to make entries and where the same would be reflected in GSTR1, GSTR2 OR GSTR3B. No video is available on such entries and reflection in GSTR

[@careerp]

+Dipak Banerjee ,ok i try to upload

[@WanderingNomad7165]

bhut hi shandar vedio banaya bhut easy language me .but pls clearl to me one thing ki GTA ka bill purchase voucher me entry krege ya journal voucher me in Tally.. I think GTA ka jv banega . am I right ?

[@careerp]

Both voucher are used😊

[@tallynagpur1796]

Purchase voucher me entry karna better hai kyoki invoice no. and invoice date enter karna purchase voucher me hi possible hai..

[@t.cbargujar5926]

Sir shop rant 10000/per month he he kya gst lagega kya

[@ok-vn4xq]

Sir (Composite Supply) Sale invoice me Freight Charges add karna ho to Uski amount kaise decide karenge ki kitna freight charges is Goods pe Lagana hai sir please tell about this

[@risheekuumra1924]

I am confused in this video. I have transported goods from interstate from Urd. Please help me in making the entry. How to create ledgers etc. Should I adjust RCM IGST with the IGST balance with me. Why to make payment. VERY CONFUSED. PLEASE HELP.

[@careerp]

No you can not adjust rcm, use rcm as ITC but separate payment needed to pay rcm

[@nitinagrawal3205]

why igst charged for inter state transport while place of supply in own state

[@naveenbahl6960]

explain by video about c/ c limit and overdraft limit

[@KAPILGEET]

sir please let me know if expenses are not in cash than how to reflect bill amount in party account because we posting this entry in cash and not showing in party ledger account. please adveise

[@NitinGoenka]

Sir, during 1st Journal entry i raise RCM tax liability. So it is shown in credit side. Then i pay to govt so it is shown in debit side. Then i make the reverse journal entry so that i take input of tax credit. It is also shown on debit side. So for every 100 on credit side (raising of tax liability) i have 200 on debit side (100 tax paid to govt and 100 input tax credit entry). Is this correct?

[@ravi60870]

सर मैने जुलाई माह मे आजाद टरानसपोट से चनडीगढ से माल मगवाया। जिसका माल भाड़ा 1020 rupees लगा। मै बिहार मे registerd dealer हु।इसकी entry gstr मे कहा और कैसे होगी ।कितना tax pay करना होगा ।

[@lukeshwarsahu2700]

sir lagata tar parchase hota hai mahine ke ant debit balnace par saler gst kat leta hai iska purcheser kaise entry kare