Is registration necessary..?
nitin jain (owner) (24 Points)
24 July 2017nitin jain (owner) (24 Points)
24 July 2017
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 24 July 2017
Registration is necessary if you make taxable inter state supply...(sec 24)
JINENDER MUTREJA
(0)
(129 Points)
Replied 24 July 2017
suppose i am in punjab and went to haryana and purhcased some goods from haryana unregistered dealer for my company in punjab then what will be the GST implications ? do i need to pay reverse charge IGST on this particular transaction ?
nitin jain
(owner)
(24 Points)
Replied 24 July 2017
i deal in exempted goods....so i don't need to take gst no for interstate sale...?
Sandeep Upadhyay
(1518 Points)
Replied 24 July 2017
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 24 July 2017
REGISTRATION IS NECESSARY IF INTER STATE SUPPLY
WHETHER THE SUPPLY IS TAXABLE OR EXEMPTED
THANKS !!
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 24 July 2017
@ naveen ....Please quote the section or notification....in support of your answer..
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 24 July 2017
24. Notwithstanding anything contained in sub-section (1) of section 22, the following
categories of persons shall be required to be registered under this Act,––
(i) persons making any inter-State taxable supply;
(ii) casual taxable persons making taxable supply;
(iii) persons who are required to pay tax under reverse charge;
(iv) person who are required to pay tax under sub-section (5) of section 9;
(v) non-resident taxable persons making taxable supply;
(vi) persons who are required to deduct tax under section 51, whether or not
separately registered under this Act;
(vii) persons who make taxable supply of goods or services or both on behalf of
other taxable persons whether as an agent or otherwise;
(viii) Input Service Distributor, whether or not separately registered under this
Act;
(ix) persons who supply goods or services or both, other than supplies specified
under sub-section (5) of section 9, through such electronic commerce operator who is
required to collect tax at source under section 52;
(x) every electronic commerce operator;
(xi) every person supplying online information and database access or retrieval
services from a place outside India to a person in India, other than a registered
person; and
(xii) such other person or class of persons as may be notified by the Government
on the recommendations of the Council.
THANKS !!
JINENDER MUTREJA
(0)
(129 Points)
Replied 24 July 2017
@ saloni ma'am can you please give answer of my query ?
JINENDER MUTREJA
(0)
(129 Points)
Replied 24 July 2017
i dont think so for exempted goods registration is required it is just for taxable supplies.
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 24 July 2017
Originally posted by : NAVEEN CHAND | ||
SEC 24 24. Notwithstanding anything contained in sub-section (1) of section 22, the following categories of persons shall be required to be registered under this Act,–– (i) persons making any inter-State taxable supply; (ii) casual taxable persons making taxable supply; (iii) persons who are required to pay tax under reverse charge; (iv) person who are required to pay tax under sub-section (5) of section 9; (v) non-resident taxable persons making taxable supply; (vi) persons who are required to deduct tax under section 51, whether or not separately registered under this Act; (vii) persons who make taxable supply of goods or services or both on behalf of other taxable persons whether as an agent or otherwise; (viii) Input Service Distributor, whether or not separately registered under this Act; (ix) persons who supply goods or services or both, other than supplies specified under sub-section (5) of section 9, through such electronic commerce operator who is required to collect tax at source under section 52; (x) every electronic commerce operator; (xi) every person supplying online information and database access or retrieval services from a place outside India to a person in India, other than a registered person; and (xii) such other person or class of persons as may be notified by the Government on the recommendations of the Council. THANKS !! |
I am also saying the same thing.... Its written inter state TAXABLE supply...
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 24 July 2017
Originally posted by : JINENDER MUTREJA | ||
suppose i am in punjab and went to haryana and purhcased some goods from haryana unregistered dealer for my company in punjab then what will be the GST implications ? do i need to pay reverse charge IGST on this particular transaction ? |
First of all, if the URD is selling you goods you must have the registration... If not, then RCM is applicable only if you provide co. reg no....
If you purchase in your own name & co. reimburse you, then no GST
JINENDER MUTREJA
(0)
(129 Points)
Replied 24 July 2017
if i purchased a machinary worth rs 15,000 from haryana from unregistered dealer but i get bill in the name of my company and my company is located in punjab and then i get reimburesment of bill from my company then what will be the implications ? if i need to pay IGST will i get input credit for this ?
can you please give me the details for GST on employee reimbursement.
gekco
(B.Com)
(170 Points)
Replied 26 July 2017
Sir , Only Seller Registered under Regular GST are allowed Sell Goods to another State, Even composite dealers are not allowed to sell outside state. So Your Question is not correct in first place.