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Exempted supply

Sunil Agrawal (225 Points)

29 December 2018

Sir,
Where we fill exempted supply data in GSTR 1 if buyer is registered in GST

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7 Replies

Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 29 December 2018

under table 8...

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Mondira Saha (GST) (3925 Points)
Replied 29 December 2018

if buyer is registered and he issue bill of supply then show this invoice in column 4 B2B invoice select tax percentage 0

Ravi SADhiyan (Practice) (4510 Points)
Replied 29 December 2018

Originally posted by : Mondira Saha
	if buyer is registered and he issue bill of supply then show this invoice in column 4 B2B invoice select tax percentage 0

0 % is not exempted supply

Pankaj Sir is Right

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pritesh (CA Final student) (7101 Points)
Replied 29 December 2018

agreed with pankaj sir

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shailendra shukla (Bhopal) (1741 Points)
Replied 29 December 2018

Exempt supply is defined in section 2(47) of GST Act.

(47) "Exempt supply" means supply of any goods or services or both which attracts nil rate of tax or which may be wholly exempt from tax under section 11, or under section 6 of the Integrated Goods and Services Tax Act, and includes non-taxable supply.

she is still right it includes nil rated supplies i.e 0%. no clarification has been given till now for this blunder....

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 30 December 2018

When there is Table 8 define to report Exempted & nil rated supplies then why to show it under B2b ... even if its supplied to Registered person ..
GST return format is for matching ITC only & exempted supplies can be shown in table 8.

As GSTR 2 not get started else recepient would have reported all such exempted inward supplies in table 7 of GSTR 2