Whether gst applicable in this case


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Querist : Anonymous

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Querist : Anonymous (Querist)
16 June 2017 Dear Sir/Madam,

If we make purchase from a person/dealer who is unregistered under GST (as his turnover does not cross Rs.20 lakh), whether GST would be applicable in this case?

Thanks in advance.

17 June 2017 what is your turnover? can you please specify?

17 June 2017 If depends on your turnover not on turnover of other person from whom you purchasing.

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 June 2017 The turnover of the buyer is Rs.1000 crore while that of the seller is below Rs.10 lakh.

17 June 2017 Then no need to register under GST.

18 June 2017 then is your worry?

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2017 Thanks. What I want to say is this: In the above case we are a buyer having turnover exceeding Rs.1000 crore and we are buying goods/services from a seller who has turnover less than Rs.10 lakh. Whether in this case we would be liable for GST under reverse charge if the goods/services in this case are not exempt otherwise?

18 June 2017 Yes you are covered under reverse charge mechanism.

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2017 Thanks again!

18 June 2017 Always welcome


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