Purchase from unregistered dealer

Page no : 2

RAJA P M ("Do the Right Thing...!!!") (127187 Points)
Replied 14 August 2017

@ Hemant.,
You can treat as purchase if the goods are your trading/mfg. Also it's some others is to treat your expenses only then you can treat as Expenditure account....

Sumit Shah (Chartered Accountant) (50 Points)
Replied 14 August 2017

The item here is tobacco leaves purchased from farmers and brought via trucks. Should I apply 5% on purchases by making a bill or only apply 5% on my sales. Will I get input for gst paid on purchases via rcm. Please clarify.

RAJA P M ("Do the Right Thing...!!!") (127187 Points)
Replied 14 August 2017

Originally posted by : Sumit Shah
	The item here is tobacco leaves purchased from farmers and brought via trucks. Should I apply 5% on purchases by making a bill or only apply 5% on my sales. Will I get input for gst paid on purchases via rcm. Please clarify.

If you pay under RCM basis. Then you can get reverse/ITC....

Purchased leaves then Sale is Same leaves....?

CA Divyesh Sodha (Partner) (271 Points)
Replied 14 August 2017

@ Raja P M .... Kindly refer section 31(3)(f).. (f) a registered person who is liable to pay tax under sub-section (3) or sub-section (4) of section 9 shall issue an invoice in respect of goods or services or both received by him from the supplier who is not registered on the date of receipt of goods or services or both;

CA Divyesh Sodha (Partner) (271 Points)
Replied 14 August 2017

It clearly mention that registered person shall issue invoice

Sumit Shah (Chartered Accountant) (50 Points)
Replied 14 August 2017

Yes sale is also leaves

RAJA P M ("Do the Right Thing...!!!") (127187 Points)
Replied 14 August 2017

@ Sumit.,

Yes you can...

First you pay the tax under RCM. Then you ll be get/reverse it ITC

Gauri Shankar Jha (B.Com) (27 Points)
Replied 17 August 2017

Dear Sir

Our Company is in SEZ Area when ever we are purchasing from unregistered dealer they are not giving proper invoice ..in that situation what will have to do...

Gauri Shankar Jha

Mahesh (Accountant) (47 Points)
Replied 18 August 2017

Sir little doubt in GSTR3B fORM 5th table Can u please clarify
5. Values of exempt, nil-rated and non-GST inward supplies

Our monthly tea expenses is around Rs.700-1000 from unregistered person and we pay it by cheque. So do i have to show this amount in 5th table i.e. 1.From a supplier under composition scheme, Exempt and Nil rated supply?.

Also payment of electricity is done through NEFT. Do this amount i have to show under 2.Non gst supplly?