NIL RATED SUPPLY FROM SUPPLIER & NON GST SUPPLY

[SURYAKANT MITHBAVKAR]

If we received material from unregistered dealer can we treat that Nil Rated Supply under GSTR3B.

AI Summary

Clarification on GSTR-3B: Materials from unregistered dealers aren't nil-rated unless their tax rate is 0%. A discussion on a forum addressed whether materials received from an unregistered dealer can be considered as nil-rated supply under GSTR-3B. One participant clarified that only goods with a 0% tax rate are considered nil-rated, and materials from an unregistered dealer cannot be classified as such unless their tax rate is actually 0%. Another participant agreed with this view, while a third emphasized the importance of classifying products based on their taxability. Additionally, a reference was made to a Supreme Court ruling stating that a nil rate is considered a rate of duty.