CASH PURCHASE

This query is : Resolved

rahul rana (Querist)
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17 March 2020 Dear Sir,
We are doing trading business in Computer parts and software also many times we have to purchase a small part which has cost less than 10,000.
in this case
1. are we liable for reverse charge
2. if not than where we have to show this purchase in GSTR-3B columns

Q-2
How many expenses comes under Reverse charge for FY 2019-20

Please help me on urgent basis

Thanks & Regards
Rahul Rana

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 March 2020 1 Not liable for reverse charge.
2 Show it in table 5.

Q2
Refer section 9(3).

rahul rana

rahul rana (Querist)
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18 March 2020 Dear Sir,
there is two option in Column 5
1. From a supplier under composition scheme, Exempt and Nil rated supply
2. Non GST supply
in which i have to fill cash purchase

Q-2
i have not submitted cash purchase details last 5 months then now
may i have to pay interest or penalty
if not then can i fill last 5 months cash purchase in Feb-2020 GSTR-3B

Please suggest me

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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18 March 2020 1 Fill it in option 1.
2 No interst penalty payable. Fill last 5 months cash purchase in Feb-2020 GSTR-3B

rahul rana

rahul rana (Querist)
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18 March 2020 Dear Sir,
Q-1
A ltd purchase service from B ltd Rs. 1,00,000 + GST 18,000 in the month of Oct-2019 in the month of Feb B ltd said to A ltd pay full payment of Oct invoice we will discount you Rs. 10,000 + GST 1800. so A ltd agreed and paid full in Feb A ltd received credit note Rs. 10,000 + 1800 from B Ltd.
A Ltd sold good to E ltd Rs. 5,000 + GST 900 (computer part) total Rs. 5,900
Now
A Ltd queries
1. Can A ltd show this discount credit note in GSTR-1 of FEB-2020
2. How to Show Discount credit note in GSTR-3B
(sale of Feb + discount credit note taxable value)
(Output tax of sale + discount credit note tax amt)
A ltd wants to know total gst liability for Feb-2020