12 July 2017
If you are Registered in GST and do transaction with the person who is not registered under GST, than you have to pay the amount of tax on that transaction, this is reverse charge mechanism. (if transaction exceed Rs. 5000/- per day.)
Querist :
Anonymous
Querist :
Anonymous
(Querist)
12 July 2017
If person is registered in gst but raising bill to registered company without gst as they have not cross limit of turnover 20lac..then who will be laibale to pay gst??
12 July 2017
The purchasing party have to pay GST, and Input Tax Credit of the same will be available as per the condition therefter.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
12 July 2017
So in this case service receiver has to pay gst but you are saying no reverse charge applicable.. how is it posible..you are agree with both case..
13 July 2017
In GST Reverse charge is applicable on Goods as well as on Services. Now, First let me clear about what you are asking, and whta you actually wants to know. Are you asking abouts reverse charge on Goods or on Services
13 July 2017
I just want to know 1) the defination of unregistered person 2) if any supplier or indivisual is registered in gst but gst is not applicable for them as turnover limit not cross then registered person is laible to pay or not??? 3) if an indivisual raise invoice with gst amount to a registered person but not deposited gst then who is laible to pay??