If we received material from unregistered dealer can we treat that Nil Rated Supply under GSTR3B.
NIL RATED SUPPLY FROM SUPPLIER & NON GST SUPPLY
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Nil-rated supply: supplies from unregistered dealers are not nil-rated unless the goods attract the nil GST rate.
Receipt of goods from an unregistered dealer cannot be treated as a nil rated supply merely because the supplier is unregistered; nil rated denotes a zero tax rate and the product must be classified for its taxability to determine whether the nil rate applies. (AI Summary)
Receipt of goods from an unregistered dealer cannot be treated as a nil rated supply merely because the supplier is unregistered; nil rated denotes a zero tax rate and the product must be classified for its taxability to determine whether the nil rate applies. (AI Summary)
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