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Composition dealers gst returns.

116 views 1 replies

Gopal Gurunandan Nayampally

CA Practice

11 Points Posted on 16 February 2018

A Dealer registered as a normal dealer on GST Portal on 12.08.2017 and recieved his GSTIN by 18.08.2017.

Consequently he converted to the Composition scheme on 12.09.2017 thinking it will be retrospective.

In the meanwhile he has only issued Composition bills from 18.08.2017 and not collected any GST seperately.

He has to file his returns GSTR 3B and GSTR 1 as of today from the date of registration.

GST Portal is allowing composition scheme returns from only October 2017 for this dealer.

HOw should he show his returns for August and September?

Kindly advice as to how we are to proceed in this matter to file his returns?

Replies (1)

RAMESH KUMAR SINGLA

PROFESSIONAL

1777 Points Posted on 16 February 2018

For the months of August and September, pl file returns as normal dealer. For the subsequent months, you are required to file the returns as a composite dealer. For the bill dated 18.08.2017, you may persuade the customer to pay the GST and you can raise supplementry invoice for the same. The customer ordinarily is eligible to take credit and therefore, he should not really mind to pay the amount of GST throgh invoice. or else you will have to deposit the GST from your own pocket.