casual dealer

[CA.ANCHAL RASTOGI]

1. A person is a registered dealer in the Utter Pradesh and do not opt composition.

2. It wants to take part in an exhibition, being organised in Rajasthan.

3. It takes registration as casual dealer in Rajasthan and deposit estimated tax accordingly.

4. It transfer is goods from U P to Rajasthan through Tax Invoice and charge IGST.

5. It sale its goods at exhibition by charging Rajasthan SGST and CGST.

My queries as under:

1. Whether point no. 4 above is correct?

2. Whether IGST paid as per point no. 4 above is adjustable against SGST and CGST of Point no. 5 above?

3. Whether estimated tax liability as per point no. 3 above will be calculated after adjusting IGST of point no. 4 above?

AI Summary

Casual Dealer at Rajasthan Exhibition: IGST Not Adjustable Against SGST/CGST, Advance Tax Required, ITC Available for Inward Supplies A registered dealer from Uttar Pradesh, not opting for composition, plans to participate in an exhibition in Rajasthan as a casual dealer, registering and depositing estimated tax. The dealer transfers goods from Uttar Pradesh to Rajasthan, charging IGST, and sells goods at the exhibition, charging Rajasthan SGST and CGST. Queries include whether IGST can be adjusted against SGST and CGST. Responses clarify that IGST cannot be adjusted against SGST and CGST, and advance tax must be deposited separately. IGST should be adjusted first against IGST, then CGST, and finally SGST. A casual dealer is entitled to ITC for inward supplies.