Inter state sale of Unregistered dealer

Page no : 2

Shri Krishan Verma (36 Points)
Replied 29 June 2017

invoice format for sale to ultimate consumer like biz bazar sale to customer

Shubham Kulkarni (Chartered Accountant) (39 Points)
Replied 29 June 2017

According to sec. 2(6), aggregate turnover excludes only that INWARD supply on which tax is payable under reverse charge mechanism. All other supplies, whether inward or outward, come under the definition of aggregate turnover. Thus, inter-sate supply (inward or outward) require registration irrespective of the threshold limit of Rs. 20 lakhs. Also, it is important to note that exempt inter-state supply does not require registration under GST.

Shubham Kulkarni (Chartered Accountant) (39 Points)
Replied 29 June 2017

According to sec. 2(6), aggregate turnover excludes only that INWARD supply on which tax is payable under reverse charge mechanism. All other supplies, whether inward or outward, come under the definition of aggregate turnover. Thus, inter-sate supply (inward or outward) requires registration irrespective of the threshold limit of Rs. 20 lakhs. Also, it is important to note that exempt inter-state supply does not require registration under GST.

RAJA P M ("Do the Right Thing...!!!") (127463 Points)
Replied 29 June 2017

Originally posted by : SHUBHAM VAIBHAV KULKARNI
	According to sec. 2(6), aggregate turnover excludes only that INWARD supply on which tax is payable under reverse charge mechanism. All other supplies, whether inward or outward, come under the definition of aggregate turnover. Thus, inter-sate supply (inward or outward) requires registration irrespective of the threshold limit of Rs. 20 lakhs. Also, it is important to note that exempt inter-state supply does not require registration under GST.