LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

selling to unregistered person who is ultimate consumer

MILAN B. SHAH (consultant) (152 Points)

23 September 2017

hi,

if I sale goods to a person or trust (adding appliable gst) who is ultimate consumer

can I get credit of SAME if I have more amount of gst paid than I have collected??

thx

Reply
Follow
Share

4 Replies

RAMESH KUMAR SINGLA (PROFESSIONAL) (1777 Points)
Replied 23 September 2017

pl elaborate. The ITC is to be taken by the recipient of supply of service/goods. you are not the recipient as mentioned in your query.

MILAN B. SHAH (consultant) (152 Points)
Replied 23 September 2017

sorry

but I want to know I have to pay balancing amount I.e

gst collected on sales to ultimate consumer(not registered) -gst paid on purchase of goods or services??

CA Amit Kumar (Chartered Accountant) (341 Points)
Replied 23 September 2017

Yes you have to pay the remaining amount.. i.e. Gst collected - Gst paid

RAJA P M ("Do the Right Thing...!!!") (127140 Points)
Replied 23 September 2017

Originally posted by : MILAN B. SHAH
	sorry but I want to know I have to pay balancing amount I.egst collected on sales to ultimate consumer(not registered) -gst paid on purchase of goods or services??