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PURE AGENT RECEIPTS IN GSTR 1

Goods and Services Tax - Started By: - RAVI SAPRA - Dated:- 3-1-2018 Last Replied Date:- 8-1-2018 - How to show pure agent receipts in GSTR1 ? - Reply By Ganeshan Kalyani - The Reply = In my view it should be shown in table 8 , exempted sale. However, i welcome views of my collegue experts on this please. - Reply By KASTURI SETHI - The Reply = Pl. elaborate your query. How you are pure agent ? What is actual service ? Are you eligible for exemption ? Do you fulfill the conditions of 'pure ag .....

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clearly allows such receipts as pure agent receipts. My query is where to show .As regards table 8, it shows only nil, exempt and non GST supply.Should we consider this as non GST supply As for as tally and other accounting software are concerned, they are showing as If the combined bill for taxable and non taxable supplies is made than it shows taxable supplies under taxable value column and includes pure agent receipts in invoice value In case separate invoices are raised for taxable and pure .....

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of Sh.Vinod Chaurasia, an expert published in the 'Expert - Articles'. Title is 'Concept of Pure Agent'. Go through this article and, thereafter, you may seek clarification. There is no specific Column for 'pure agent'. It falls under, Taxable Outward Supplies . - Reply By KASTURI SETHI - The Reply = Pure agent services are exempted in 'Works Contract Service/Construction Service' with conditions imposed. - Reply By YAGAY AND SUN - The Reply = Please go through t .....

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-1 Form ? - Reply By CS SANJAY MALHOTRA - The Reply = Your case is covered as Pure Agent.Do show the transaction in B2B if person is registered. Mention the Total Invoice value inclusive of Custom Duty & Freight part, but exclude the same in Taxable Value as the expenses incurred as Pure Agent are excluded from Taxable Value. No need to show elsewhere. - Reply By RAVI SAPRA - The Reply = Dear Mr. Malhotra,This is working, if combined bills for service charges and pure agent receipts are rais .....

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ise Invoice separately, then also the same shall not be placed anywhere in Table 8. - Reply By RAVI SAPRA - The Reply = Dear Mr.Sanjay, This way we will be dealing with the same issue in two ways. One where combined bills are raised, value as pure agent receipt is added in Invoice Value and where separate invoices are raised, the same is ignored in GSTR1 not being a part of GST supply. - Reply By CS SANJAY MALHOTRA - The Reply = In both cases, whatever approach you follow, pure agent service is .....

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has direct bearing on the amount of GST charged on a particular supply. It also has bearing on the aggregate turnover of the supplier and, therefore, on calculating the threshold limit for registration. Whenever the intention is to act as a pure agent, care should be taken to ensure that the conditions specified for such pure agents and further conditions given in the valuation rules are also met so that only the real value of the service provided is subjected to GST. - Reply By RAVI SAPRA - Th .....

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