Menu
Gst liability.
If seller and purchaser both are unregistered dealer then who will be liable to pay GST.
Replies (3)
GST is not applicable here...
I think loss of revenue here isn't it?
well.. being unregistered means turnover less than 20lac and not making any inter-state purchase and no requirement to deduct TDS (transaction amount less than 2.5lac)
So the maximum loss possible is 70k (2.5lac*28%)
hence the amount loss is not muc
So the maximum loss possible is 70k (2.5lac*28%)
hence the amount loss is not muc
Recent Threads
- December Heat, Beach Plans, and Finding Ways to Co
- Heard & Seen Around – Your Daily Economi
- Gst interest and penalty doubts regarding missing
- Import of goods IMS telated
- ITR 6 submitting Problem
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
- Difference in efiling portal and intimation order
- Income tax challan correction
- AGM WITH SHORTER NOTICE
Related Threads
CAclubindia
