Purchase from unregistered

no provision. you can purchase from unregistered person. There is no reverse charge in existence currently

U/s 9 (4) the central tax in respect of the supply of taxable goods or services or both by a supplier, who is not registered, to a registered person shall be paid by such person on reverse charge basis as the recipient and all the provisions of this Act shall apply to such recipient as if he is the person liable for paying the tax in relation to the supply of such goods or services or both.

but this provision temporarly withhold tii June and wait till further notification. Except RCM for transportation.

purhase from URD is Treated as exempted purchase

Yes. Agree with Pankaj sir.
No RCM applicable till 30 the June 2018

I agreed to Mr MURALI NADIMINTI.,

No more provisions if supplies received from unregistered dealer. It's related RCM suspended upto 30th June 2018...


No need show it anywhere in GSTR 3B return...

But, You can show the purchase value in "EXEMPTED COLUMN". It's not mandatory..
(It's not exempted supply)

Yes agree with Raja sir.

What is Penalty if reverse charge liability is not paid under GST ?

Interest will be Payable @ 18%p.a...

 

***Penalty will be imposed at the time of Audit. But, It's not for the delayed Payments

Originally posted by : Vinod Babu
	Yes agree with Raja sir.

 

Originally posted by : Vinod Babu
	Yes. Agree with Pankaj sir. No RCM applicable till 30 the June 2018

Bro...

What is this bro...? You agreeeeeeeeeeeeed both reply... It's not good...

 

Mr. Pankaj Rawat replied as "purhase from URD is Treated as exempted purchase"

But., My reply is "You can show the purchase value in "EXEMPTED COLUMN". It's not mandatory.. (It's not exempted supply)"

 

What is Your exact standing this forum...?

Please be stand and reply...

purchased from unregistered will be feed in exempted column.

then how will i sale with gst or without gst.