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exempted supply
Registered Entity only having RCM applicability means paying tax only on RCM basis but branches of this entity are not liable to get registered as they provide 100% exempt supply. Whether registered entity liable to show exempted supply of branches in GSTR 1 or not?
Replies (3)
Dear Shubham,
Are branches within the state or outside the state?
If within then, as RCM applicable to such GSTIN, cannot de-register.
If outside the state, and 100% exempt supply, then as per Section 23 and corresponding Rules, could de-register.
But sir we will have to consider exempted supply of branches in FORM - 9C or not?
Yes, it has to be shown in GSTR 3B, 1, 9 & 9C.
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