TMI BlogPurchase from unregistered dealer who is otherwise required to take GST registrationX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, If we receive consultancy services from unregistered dealer in the same State and we know that he has crossed the basic exemption limit of 20 lacs, in that case should we deposit GST under RCM or we may suffer legal consequences for dealing with such person? - Reply By MUKUND THAKKAR - The Reply = The registration is mandatory on crossing the annual turnover limit of ₹ 19 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ,00,000 ( for special category states it is ₹ 9,00,000). - Reply By Vamsi Krishna - The Reply = The liability lies with him. Dept will take care of such cases. Its better to follow rules and pay as RCM and avail credit. - Reply By KASTURI SETHI - The Reply = In GST regime, one has to apply for registration as and when liability to pay GST arises. Thus there is no such provision of ag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gregate turnover of 19 lakhs (or 9 lakhs) as it was available in pre-GST era for small service provider. Secondly, if any person does not get registration even after crossing threshold exemption limit or otherwise he is required to obtain GST registration, it is not your responsibility as rightly opined by Sh.Vamsi Krishna Ji. - Purchase from unregistered dealer who is otherwise required ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to take GST registration - Query Started By: - Archna Gupta Dated:- 3-8-2017 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
