Regarding composite scheme

This query is : Resolved

Priyanka.S (Querist)
Follow

04 December 2017 I am a composite dealer and my business is Catering. I have purchased Groceries from Unregistered Dealers.While filing GSTR -4 Offline Utility, where to disclose the purchases in it?
As per the Notification 38/2017 issued by CBEC,we need not pay any tax under Reverse Charge Mechanism for purchases from Unregistered Dealer.
Is it necessary to show the purchases in the Return?

Guest

Guest (Expert)

05 December 2017 Yes no tax is payable in respect of supplies from unregistered supplier but you have to shown such purchases in GSTR-04.

Priyanka.S

Priyanka.S (Querist)
Follow

05 December 2017 While entering those purchases details in GSTR-4 offline utility in the sheet B2UR, it is asking to mention the rate of GST?At what rate we should specify?

Upgrade to CAclubindia Pro. Subscribe Now!

Guest

Guest (Expert)

05 December 2017 If such is the case then do not show purchase from Unregistered supplier or else wait for any updated utility.

Priyanka.S

Priyanka.S (Querist)
Follow

06 December 2017 Can we show those purchases under 0% category?

Guest

Guest (Expert)

07 December 2017 No you cannot because it is not a Nil rated supply

Message likes : 1 times

Guest

Guest (Expert)

07 December 2017 RCM is deferred with effect from 13-10-2017 so till then supplies from unregistered person was covered under reverse charge.Also table 4A is not required to be filed for the quarter July to Sep 2017 and Oct to Dec 2017.

Priyanka.S

Priyanka.S (Querist)
Follow

07 December 2017 Thank You Sir for the information

Upgrade to CAclubindia Pro. Subscribe Now!