Poonawalla fincorps
Poonawalla fincorps

Whether unregistered person is able to collect GST

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(Querist)
24 September 2019 Here, I explain my question through a Example

A unregistered retail seller "O" sells a product, named "X" (MRP of the product is 112 inclusive of all tax) (GST rate of the product is 12%) to "G" (he also unregistered). What is the maximum price of the product that can be charged by the seller ?
Whether unregistered person can collect GST from costomers ?
Please explain reason..
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 September 2019 Unregistered person can't collect GST from customers as he will not be able to remit GST to GOVT.
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sajid

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sajid (Querist)
24 September 2019 Thank you for your repay.So the maximum price that can be charged by MR "O" for the product "X" is RS 100. am I correct sir ?
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RAJA P M

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RAJA P M (Expert)
24 September 2019 The URD can be charge his profit with purchase cost (purchase which is include GST if charged)

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