Gst liability.
Jailendra Kumar (81 Points)
26 June 2017
If seller and purchaser both are unregistered dealer then who will be liable to pay GST.
3 Replies
Devansh Jain
(...)
(1269 Points)
Replied 26 June 2017
well.. being unregistered means turnover less than 20lac and not making any inter-state purchase and no requirement to deduct TDS (transaction amount less than 2.5lac)
So the maximum loss possible is 70k (2.5lac*28%)
hence the amount loss is not muc
So the maximum loss possible is 70k (2.5lac*28%)
hence the amount loss is not muc
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