1. Incase of Supply of Bamboo by a local supplier(Individual in Nature & Unregistered Under GST Law)
2. Supply of Bamboo by a registered Dealer (Other than Individual)
** Even my questions seem confusing to myself, so dear experts please provide me the coverage of Bamboo suply under GST law briefly.
GST on Bamboo: Reverse Charge Applies to Buyers Above Turnover Limit, Exemptions for Unregistered Suppliers Since 2017 A forum participant inquired about the applicability of GST on bamboo supply, differentiating between local unregistered suppliers and registered dealers. An expert clarified that the GST liability falls on the buyer if their turnover exceeds specified limits, with reverse charge mechanism exemptions from October 13, 2017, for unregistered suppliers. Another expert confirmed these rules apply to timber and noted the threshold for special states is in the Act. Additional information was provided on GST rates based on product classification and usage, with handicrafts being exempt. A participant requested a PDF of the GST Tariff Act, which was offered via email. (AI Summary)
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