Unregistrered person
Ghazala Rahman (8 Points)
22 March 2021
what consequences has to face to an uregistered person
8 Replies
shah
(student)
(621 Points)
Replied 22 March 2021
Plz eloberate your query.
it depends on many facts.
like nature of business.
turnover.
retail/wholesale.
it depends on many facts.
like nature of business.
turnover.
retail/wholesale.
Ghazala Rahman
(8 Points)
Replied 22 March 2021
In case of sales to him how much input tax can be recovered
CA Altamush Zafar
(GST Consultant)
(15986 Points)
Replied 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.
The unregistered person will not be able take any ITC.
sabyasachi mukherjee
(27715 Points)
Replied 22 March 2021
They will not get input tax credit.
But issue of invoice is mandatory.
But issue of invoice is mandatory.
Ghazala Rahman
(8 Points)
Replied 23 March 2021
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.
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