Purchase from urp
SUMIT KARESIA (155 Points)
11 June 2018
sir if a entity purchase from unregistered person goods or service than where to show this detail in gstr 3B?
13 Replies
CA Padmasri Manyam
(CA in Practice)
(1340 Points)
Replied 11 June 2018
currently no tax under RCM on URD procurements. You can disclose under table 5 of GSTR-3B.
R. B. Yadav (CMA, LLB)
(Tax Consultant)
(590 Points)
Replied 11 June 2018
Yes, that's only the option
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 11 June 2018
Yes , it's exempted inward supply , yes has to be shown under table 5 in 3b
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 11 June 2018
But, As per my view it's Not mandatory...
Vinod Babu
(24191 Points)
Replied 11 June 2018
But Raja sir. if you are not showing in 3B, how to prove or give evidence for accounting the unregistered purchase to the department.
g mahesh Mundra
(Business and tax consultant)
(3296 Points)
Replied 12 June 2018
ok if he shows under exempt supply then the sales for the same also exempt under GST or taxable
CA Padmasri Manyam
(CA in Practice)
(1340 Points)
Replied 12 June 2018
| Originally posted by : g mahesh Mundra | ||
 |
ok if he shows under exempt supply then the sales for the same also exempt under GST or taxable |  |
Tax on sale does not depend on inward supply. If the goods are taxable under GST (rate has to be checked) and you are registered person you will pay tax on the same.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 12 June 2018
Its exempted as per notification 8 upto 5000/- in day from single URD & when the same deferred by notification 10 , so its treated as exempted
And
CA Padmasri is correct,.. Tax on sale does not depend on inward supply
And
CA Padmasri is correct,.. Tax on sale does not depend on inward supply
RAJA P M
("Do the Right Thing...!!!")
(128096 Points)
Replied 13 June 2018
It's not exempt supply. The goods / Services are taxable as per the goods and services rate.
But,
The supply related tax not collected from govt. That's the nature. No need show it anywhere in GSTR returns...
But,
The supply related tax not collected from govt. That's the nature. No need show it anywhere in GSTR returns...
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