Unregistrered person

shah

student

621 Points Posted on 22 March 2021

Plz eloberate your query.

it depends on many facts.

like nature of business.

turnover.

retail/wholesale.

CA. Sourav Sarkar

Chartered Accountant

24588 Points Posted on 22 March 2021

Please elaborate

sabyasachi mukherjee

Profession Business

28207 Points Posted on 22 March 2021

TURNOVER
NATURE OF TAXABLE PERSON.

Ghazala Rahman

8 Points Posted on 22 March 2021

In case of sales to him how much input tax can be recovered

CA Altamush Zafar

GST Consultant

15986 Points Posted on 22 March 2021

If sale is to an unregistered person then charge gst as normally done and the person will pay full amount.
The unregistered person will not be able take any ITC.

Kapadia Pravin

17264 Points Posted on 22 March 2021

The biggest dis-advantage is they won't get ITC

sabyasachi mukherjee

Profession Business

28207 Points Posted on 22 March 2021

They will not get input tax credit.
But issue of invoice is mandatory.

Thank you all for your replies. It means if a " distrbutor " is an urregistered person, he can not sue a " Retailer" for recovery of input tax credit. The distributor has to bear himself the input tax credit /cost.