PURCHASE FROM UNREGISTERED DEALER

[Atit Jain]

Sir1)If we purchase taxable goods from unregistered dealer than we how will we pay tax as tax paid will not be under any TIN no. And how will it be deposited ti govt.?2)If we purchase non taxable goods from unregistered dealer than what is the provision?

AI Summary

Guidance on Tax Payments for Goods from Unregistered Dealers: Buyer Must Deposit Purchase Tax if Not Sold A query was raised regarding the purchase of goods from an unregistered dealer, specifically how to handle tax payments when there is no TIN number involved. The response clarified that if goods are purchased from an unregistered dealer, the dealer cannot charge tax. The buyer must deposit purchase tax on such goods if they are disposed of in any manner other than sale. The response also noted the absence of information regarding the applicable State VAT Act.