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gstr4

12 April 2018

while filing gstr4 inward supplies from regd dealer should give. while ITC can not be claimed what is the need for giving inward supplies from regd dealers

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2 Replies

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 12 April 2018

its concept of matching of invoices between supplier & recipient

Yes u have give B2B & B2C purchase detail in GSTR 4

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CA Deepak kumar (Chartered Accountant) (121 Points)
Replied 12 April 2018

Example: Where Sale TO for the Quarter is 1,00,000 and Purchases from Registered dealer is 2,00,000, then there might be a case where the compoisition tax payer is supressing his sales figure.

Also vice versa where the seller has sold goods to the compostion tax payer and not showing the sales in his GSTR-1 but when the Composition taxpayer shows the same amount under inward supplies from registered person, then this will help tax official a check on the supplier as to why the same amount is not shown in GSTR-1.

Any Other views on the same is appreciated

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