reporting of purchase from unregisterd dealear in GSTR 3b

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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 report 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 . T .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hese 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 for 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 d .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eclare 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 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&# .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 39;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 arises 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 Ko .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... llengode - The Reply = In my humble opinion, it need not be reported in GSTR-3B . - reporting of purchase from unregisterd dealear in GSTR 3b - Query Started By: - FARIDUDDIN AHMAD Dated:- 11-2-2023 Goods and Services Tax - GST - Got 8 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... axmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X