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GSTR1

kapil (Business analysis) (107 Points)

17 June 2017

seller and buyer registration in Panjab and buyer want to receive goods to gujrat state.

query
1 IST is apply on this transaction or no
2 How to recode this transation in GSTR 1
3 what is place of supply.

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8 Replies

CA Saloni (Manager-Accounts & GST Consultant) (5124 Points)
Replied 17 June 2017

1. CGST/SGST will be charged by seller in bill raised to buyer in punjab.

3. PLace of supply is Punjab.

The buyer in punjab will raise an invoice in name of buyer in Gujarat.

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CA Bhargav Nathwani (CA in Practice) (8307 Points)
Replied 17 June 2017

Originally posted by : saloni
	1. CGST/SGST will be charged by seller in bill raised to buyer in punjab. 3. PLace of supply is Punjab. The buyer in punjab will raise an invoice in name of buyer in Gujarat.

Hello Kapil Ji & Sonali Ji

Now buyer of Punjab will bocome seller to Gujarat buyer..is it correct interpretation?

Transaction - 1 within Punjab SGST + CGST

Transaction - 2 inter state IGST

CA Saloni (Manager-Accounts & GST Consultant) (5124 Points)
Replied 17 June 2017

Yes sir, you are correct.

When the first seller in punjab will raise the bill he will mention bill to party-"Punjab buyer" and Ship to party- "Gujarat buyer". Goods will ultimatlely reach gujarat. And for transferring credit punjab buyer will raise an invioce to gujarat buyer.

CA Saloni (Manager-Accounts & GST Consultant) (5124 Points)
Replied 17 June 2017

It is called Delivery of goods to a person on the direction of the third person.

Sec-10(1) (b) IGST act.

1 Like

CA Bhargav Nathwani (CA in Practice) (8307 Points)
Replied 17 June 2017

Originally posted by : saloni
	Yes sir, you are correct. When the first seller in punjab will raise the bill he will mention bill to party-"Punjab buyer" and Ship to party- "Gujarat buyer". Goods will ultimatlely reach gujarat. And for transferring credit punjab buyer will raise an invioce to gujarat buyer.

ok thanks saloni ji.