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How to view GST RCM Statement in Marg Software ?

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Ans.1

GST Reverse Charge Mechanism (RCM) basically means that the GST is to be paid and deposited with the Govt by the recipient of Goods/ Services and not by the supplier of Goods/ Services.

In order to view the GST RCM statement report, the user will follow the below steps:-

  • Go to Taxation > GST RCM Statement. Press Enter.

  • Date Range window will appear. In ‘From’ and ‘To’ enter from which date to which date the user wants to view the RCM Statement.
  • Then press Enter key.

  • The Generating Data window will appear as shown below.

  • After following the above steps the RCM Expenses summary window will appear in which the user will press enter on selected entry.
  • Then Select 'Expenses'.

After following the above steps the user can view the RCM Statement Report .


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