02 August 2023
Dear Experts, A purchase from one Registered Supplier was reported in his GSTR-1 report under B2C table, he issued an invoice with GST inclusive Rate and therefore the GST amount breakup was not mentioned on that invoice. Do we need to report this purchase in our GSTR-3B? If yes, then where and how to show this Purchase in our GSTR-3B?
02 August 2023
Yes both are registered dealer, seller made a mistake by not recording our GSTIN, and now, he is not ready to amend his B2C and move that transaction into B2B, he is very adamant. So we have agreed to forgo our ITC.
As per Your reply seller not ready to amend the details. Then, It's not possible to Take ITC on this purchase. So, Better to push the seller for amendment or leave ITC.
02 August 2023
Agreed, this transaction is our goods purchase, and we are Not availing this ITC. And therefore, my question is to simply understand if this purchase is to be reported anywhere in our GSTR-3B? Because this is neither of the following: a B2B With ITC Availability, a reverse charge transaction, a exempt/nil rated item, a Non-GST supply, a purchase from a composition supplier, a purchase from an unregistered dealer, or a blocked credit.
Hope, I am able to convey my query with more clarity this time. Thanks.
CAclubindia
