Can I make the payment of IGST on reverse charge basis on import of goods / services , through book entry or Input Tax Credit?
Frah Saeed Changed status to publish June 2, 2020
No as per Rule 85(4) of the CGST Rules, 2017, GST payable on reverse charge basis is to be discharged through payment of cash only. Thus you need to make payment of RCM tax through electronic cash ledger only. However subsequently you can avail ITC, if same is admissible.
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Frah Saeed Changed status to publish June 2, 2020