watch_later 01/07/17

HI, WHAT WILL BE TAX LIABILITY FOR A COMMON MAN PURCHASED GOODS FROM UNREGISTERED DEALER OR REGISTERED DEALER & COST TO HIM

 

1 Response | Latest response: 01/07/17 | Sort by Likes(thumb_up) Recent | GST Reply
watch_later 01/07/17

If a common man who is ultimate consumer purchase from an unregistered seller, there be no tax liability on purchase.

Tax liability arises when either of the party is registered under GST.

For common man there is nothing he need to comply with GST. With a good civic sense he should demand a bill for each purchase.

JOIN LARGEST DISCUSSION PLATFORM

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

Join Discussion