a buyer is unregustered and seller also unregistered in case purchaser took output tax and input tax in this case who paid tax to government ?
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Unregistered sale
Replies (35)
In this case RCM is not applicable. so no one needs to pay tax
Unregistered Person cannot supply goods/services with Taxable Invoices. So, In this case Tax is Not Involved then how to apply OUTPUT and INPUT...
buyer (unregistered) purchased goods from registered dealer that time he pay input tax after it buyer(unregistered) sale this goods to another unregistered dealer he not able to collect output tax in this case unregistered dealer gonna loss ....pls confirm this
in that case the tax that paid by buyer(unregistered) is become part of cost of product.
| Originally posted by : Ajay Prajapati | ||
 |
buyer (unregistered) purchased goods from registered dealer that time he pay input tax after it buyer(unregistered) sale this goods to another unregistered dealer he not able to collect output tax in this case unregistered dealer gonna loss ....pls confirm this |  |
In my view No more loss. Bcoz, The unregistered dealer calculate the value of the goods is following way
Purchase from Registered Dealer
Ass. Value = Rs. XXXXX
GST @ XX = Rs. XXX
Total Bill Value = Rs. XXXXX. Then the Unregistered Dealer billing to his Customer....
Purchase Bill Value = Rs. XXXXX
Add His Margin = Rs. XXX
Total = Rs. XXXXXX then how to fall in loss.
Then better way to practice, He ll purchase from composition Dealer or Unregistered dealer
Then better way to practice, He ll purchase from composition Dealer or Unregistered dealer
after it when he add his margin means he add input tax liablity also ...
ex- ass value- 50000
input tax @ 5%- 2500
total purchase value- 52500
after it he sold to unregistered - 52500
margin 10% -. 5250
selling rate ----. 57750
then this seller sold to customer means goods gonna costly .... ???
ex- ass value- 50000
input tax @ 5%- 2500
total purchase value- 52500
after it he sold to unregistered - 52500
margin 10% -. 5250
selling rate ----. 57750
then this seller sold to customer means goods gonna costly .... ???
No need to pay tax by any unregistered person and the question of Input tax credit is also not arise.
means unregistered seller is able to sold goods with apply any tax ?
Unregistered dealer can't apply tax rate
there r three party
registers -–-->sold–---->unregistered----->sold----->unregistered
registered collect output tax from first unregistered then this unregistered sold item to another unregisterd dealer in this second billing first unregistered not able to collect output tax. .. means in invoice he not apply any tax. .. then it means unregistered pay output and not able to take any input he face loss if he add this in his margin it means goods gonna costly
registers -–-->sold–---->unregistered----->sold----->unregistered
registered collect output tax from first unregistered then this unregistered sold item to another unregisterd dealer in this second billing first unregistered not able to collect output tax. .. means in invoice he not apply any tax. .. then it means unregistered pay output and not able to take any input he face loss if he add this in his margin it means goods gonna costly
Yes... he purchased from registered to sell unregistered. Between how to transact his business Mr. Ajay.
Why he conduct business without profit.
Why he conduct business without profit.
ya in my ofc today this type of tranjuction happen cause ...
he (unregistered) purchase from my company (registered)
he (unregistered) purchase from my company (registered)
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