If i purchase from unregistered person in october then what will happen on gst of it?? Who will pay it or will it lapse? As reverse charge is cancelled
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Gst on purchase from unregistered dealor
Replies (3)
Since, in the 22nd GST council meeting held on 06th Oct 2017, reverse charge mechanism have been deferred till 31.03.2018, there will be no liability to pay GST in case of purchase from Unregistered vendors.
Thank u sir and 3b is to be filled monthly so i vl have to pay tax also monthly??
Yes, u need to pay on a monthly basis. In GSTR 3B itself you need to offset the liabilities with the payments made and then only you can file the GSTR 3B return.
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