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Ganesh Baliga
Level 1
posted
‎January 18, 2021 12:13 AM
last updated ‎January 18, 2021 12:13 AM

GST Reverse Charge Mechanism

Dear All,

 

I am in the process of accounting of expenses with GST Reverse Charge Mechanism and not able to find solution.

 

I have created as service under Products and Services and unchecked the "I sell this product/service to my customers" and checked the "I Purchase this product/service from my supplier". Chosen purchase tax IGST 18% and reverse charge 100%. I created an expense entry and chosen the same expense account while booking the expense. Also chose the IGST 18% while booking the expense. Chose the same supplier also. The entry passed was a normal entry with IGST of 18% without reverse charge GST. Please help in resolving this issue. I reached out to online chat help, but was not of much help in resolution.

 

Looking

 

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1 Comment 1
JessT
Moderator
Moderator
‎January 18, 2021 01:21 AM

GST Reverse Charge Mechanism

Hi Ganesh Baliga,

 

Thank you for explaining everything in detail.

 

You seem to have the right steps. Did the Chat Support mention about creating a ticket for this? If not, please contact them again. That way, they can report this behavior. Only they have the tools to do that.

 

Let me know if you have other questions.

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