watch_later 12/06/18

I am buying product from an unregistered dealer and selling it online..

Purchases from unregistered dealers of ₹5000 per day are exempt from gst,

How should i invoice my sales what to do about the tax that i have collected from sales as i have not paid any tax on my purchase??


1 Response | Latest response: 12/06/18 | Sort by Likes(thumb_up) Recent | GST Reply
watch_later 12/06/18

Purchase from unregistered person are exempted from reverse charge till June 30, 2018.

You need to pay GST collected on sales to government along with filing your monthly return GSTR-3B.

You should invoice materials sold by charging GST. It does not matter whether you have paid tax on purchase or not. If your end product is taxable, you need to charge GST on your sales and pay to government.


Sign up to discuss taxation, accounting and finance topics with experts from all over India.

Join Discussion