Menu
Gstr 2 inward supplies from unregistered dealer (farmers)
Dear sir, My business is chillies business. I purchased chillies from farmers. Now where i can show this purchase transaction in gstr 2. Same we sold to registered dealer. Now where i can show the output tax in GSTR 1. (In RCM column or output tax column)
Replies (6)
Show outward supply in GSTR-1
& show purchase in exempted inward supply as purchase from farmer is not a supply & no RCM attracted on it.
If a regular dealer purchase from a composition dealer, Is RCM Applicable???
No then no need to pay GST under RCM as composition dealer is also registered person.
When we purchase from farmers, we often do not get any invoice as well and payment is also done in cash. Without invoice and technically no payment trail, how do we account these invoices in our books?
You have to raise a purchase invoice in respect of such transactions.
Recent Topic
- CGAS account Holder Deceased
- ITR form suggestion
- Post office KVP income.
- Free GST invoice tool I built for my practice R
- Clarification on Gratuity Exemption under Section
- GOODS AND SERVICE TAX - GSTR 1
- Correct ITR form
- Clarification required on Section 393 & Report
- Professional advance taxes
- Surrender pan process
Related Topics
CAclubindia
