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
purchase vendors are not register, they are small player like Kabadiwala, will pay them in cash immediately.. but selling vendor are registered..
HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
View Details
Abic and Mani Chartered Accountants
Kottayam
B.Com
View Details
Malhotra Rajesh & Associates
New Delhi
B.Com
View Details
CCI
Pro
CAclubindia
