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Composition dealer query.....

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saurabh sawlani

Self employed

2193 Points Posted on 04 November 2021

dear colleagues
Happy diwali all
ek client hai mere jo second hand bike purchase kr ke sell krte hai.. turonver approx monthly 4-5 lac hai... ab vo gst me registration krva rhe hai... Lekin purchase k bill toh unke pass hote nhi hai.. toh composition scheme me registred krne k baad bhi unke annual return (GSTR4) me kya inward details show krunga??

regards,

Replies (3)

Quick Summary

A query has been raised regarding the Goods and Services Tax (GST) composition scheme for dealers who purchase and sell second-hand bikes. The client, with a monthly turnover of approximately £4-5 lakh, is registering under GST but lacks purchase bills for the bikes. The core issue is how to declare inward supply details in the annual return (GSTR-4) when operating under the composition scheme without purchase invoices.

Aniruddha Patra

150 Points Posted on 05 November 2021

Yes, 4A purchase fm registered person (other than RCM).
4B - Purchase fm registered person (under RCM) & 4C- purchase fm unregistered person.

sabyasachi mukherjee

Profession

28267 Points Posted on 05 November 2021

AVOID PURCHASING FROM UNREGISTERED DEALER.
THERE ARE WAYS TO AVOID IT .
WE RENDER SERVICE TO PROVIDE SOLUTIONS TO PROVIDE RELEVANT INFORMATION TO SUCH PERSONS. PLS MAIL AT contactat @ easyaccountingaudittax.co.in