Retail + Scrap business - Sale GST but no purchase GST

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We are in scrap business and Retail. When buying scrap from different scrap persons paying through cash with no bill, but we sale to foundry company, we generate the 18% GST invoice. In retail transaction we got gst input and output, but in scrap only sale gst output.  Pls advise how to claim? Will be any risk running this kind of mixed transaction in same firm? please advise

 

Replies (2)
Ever

if your vendors are nkt registered scrap sellers then this is ok that you buy from URD and sell it RD. having other retail business is not an issue.

Mixed transaction i sigle firm is permisible

You can also write to me  at sthayin @ gmail for further assistance

purchase vendors are not register, they are small player like Kabadiwala, will pay them in cash immediately..   but selling vendor are registered..


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