6 views Introduction
Previously, ledger reports were combined into a single module. Now, each report is separately available for better clarity and control.
The RCM Liability Ledger Report in Munim GST shows details of Reverse Charge Mechanism (RCM) liabilities, where the taxpayer is required to pay GST instead of the supplier.
Follow these steps to access and check the RCM Liability Ledger Report:
Navigate to the Report:
- Go to the My Clients module
- Select the client company
- Click on the Reports button
- Select Ledger → RCM Liability Ledger Report
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Fetch RCM Liability Data from GST Portal:
- Select the Financial Year
- Choose the Date Range
- Click on Download from GSTN
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Viewing the RCM Liability Ledger Report:
Once data is fetched, you can view:
- Date, Reference Number, Return Period, Description, Liability Paid Inward supplies (liable to reverse charge), Itc Claimed import of services, ITC Claimed Inward supplies liable to reverse charge other than import, Total ITC Claimed = Reverse charge other than import of Goods and Opening Balance + Liability 3.1(d) – ITC Claimed 4A(2) – ITC Claimed 4A(3) with (IGST, CGST, SGST, CESS) columns.
You can also download the report using the Download Report option.
More Assistance
By using the RCM Liability Ledger Report, you can track your reverse charge liabilities and ensure timely payment of GST under RCM.
For any issues or further support, feel free to reach out to the support team or explore other articles in our Help Center.
