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If registered dealer purchased goods from unregistered dealer

Honey (Proprietor) (35 Points)

17 April 2017

what will be implications on registered dealer?? whether he is liable to pay GST?? pls give me knowledge.

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5 Replies

Neetu Bansal (26 Points)
Replied 17 April 2017

yes he will be liable under reverse charge

1 Like

(Guest)

agree with above

this paid gst u can use as a set off

1 Like

Dilip Darji (392 Points)
Replied 17 April 2017

Purchase of goods from unregistered person shall be covered under "Reverse Charge Mechanism" and the purchase is required to pay GST. However, he can avail input tax credit.

2 Like

Dilip Darji (392 Points)
Replied 17 April 2017

Purchase of goods from unregistered person shall be covered under "Reverse Charge Mechanism" and the purchase is required to pay GST. However, he can avail input tax credit.