reporting of purchase from unregisterd dealear in GSTR 3b

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..... reporting of purchase from unregisterd dealear in GSTR 3b
Query (Issue) Started By: - FARIDUDDIN AHMAD Dated:- 11-2-2023 Last Reply Date:- 25-3-2023 Goods and Services Tax - GST
Got 8 Replies
GST
respected sir, i need clarification regarding reporting of purchase of goods in GSTR 3B, from unregistered delar which does not attract RCM. sir in which coloum of GSTR 3B return I should rep .....

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..... ort value of goods purchased from unregisterd delar which does not attract RCM, but tax is leviable on FCM basis. Reply By Amit Agrawal: The Reply: Same need not be reported in Form GSTR-3B. These are ex facie views of mine and the same should not be construed as professional advice / suggestion. Reply By KASTURI SETHI: The Reply: In this scenario, see serial no.5 of GSTR 3 B which is meant f .....

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..... or value of exempt, nil rated and non-GST supples. Reply By FARIDUDDIN AHMAD: The Reply: with respect to kasturi sir reply, sir goods are taxable on FCM basis. is it correct to declare value in coloum 5 of GSTR 3B as nil,exemp, non gst. Reply By KASTURI SETHI: The Reply: Goods may be taxable but unregistered dealer may be availing threshold exemption. Reply By Damodar Sahoo: The Reply: With .....

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..... reference to Sri. Kasturi's reply, what if the service provider is not paying GST but issues tax invoices regularly? 2. What is my liability in case of the seller's non-compliance to tax payment if I do not avail ITC? 3. Can the Act force me to stop doing business with such vendors? Reply By KASTURI SETHI: The Reply: An unregistered person cannot issue tax invoice. Your liability arise .....

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..... s only if RCM is applicable. Answer to third question is NO. Reply By Shilpi Jain: The Reply: Need not be reported in GSTR-3B Reply By Padmanathan Kollengode: The Reply: In my humble opinion, it need not be reported in GSTR-3B.
Discussion Forum - Knowledge Sharing .....

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