sir gold purchased in cash by a registered person for futher sale(cash for gold business) from unregistered person (normal individual), then is it necessary to show purchase in 3b?
If yes then where to show?
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Cash Purchase of Gold
Replies (6)
Quick Summary
The purchase have invoice or not?
Yes invoice is issued for the purchase
There is np concept in GST of payment by cash/bank.
There is no concept in GST of payment by cash/bank.
Whether purchase is required to be shown in gst 3b for invoice issued by us? we issue invoice for sale and purchase both.
purchase is not required to be shown in GSTR3b rather ITC involved if any will have to be depicted.
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