reporting of purchase from unregisterd dealear in GSTR 3b

[FARIDUDDIN AHMAD]

respected sir, i need clarification regarding reporting of purchase of goods in GSTR 3B, from unregistered delar which does not attract RCM. sir in which coloum of GSTR 3B return I should report value of goods purchased from unregisterd delar which does not attract RCM, but tax is leviable on FCM basis.

[Amit Agrawal]

Same need not be reported in Form GSTR-3B.

These are ex facie views of mine and the same should not be construed as professional advice / suggestion.

[KASTURI SETHI]

In this scenario, see serial no.5 of GSTR 3 B which is meant for value of exempt, nil rated and non-GST supples.

[FARIDUDDIN AHMAD]

with respect to kasturi sir reply, sir goods are taxable on FCM basis. is it correct to declare value in coloum 5 of GSTR 3B as nil,exemp, non gst.

[KASTURI SETHI]

Goods may be taxable but unregistered dealer may be availing threshold exemption.

[Arther Kishore]

With reference to Sri. Kasturi's reply, what if the service provider is not paying GST but issues tax invoices regularly?

2. What is my liability in case of the seller's non-compliance to tax payment if I do not avail ITC?

3. Can the Act force me to stop doing business with such vendors?

[KASTURI SETHI]

An unregistered person cannot issue tax invoice.Your liability arises only if RCM is applicable. Answer to third question is NO.

[Shilpi Jain]

Need not be reported in GSTR-3B

[Padmanathan KV]

In my humble opinion, it need not be reported in GSTR-3B.

AI Summary

Clarification on Reporting Purchases from Unregistered Dealers in GSTR-3B: Consensus Leans Towards Non-Reporting A user sought clarification on reporting purchases from unregistered dealers in GSTR-3B when the purchase does not attract Reverse Charge Mechanism (RCM) but is taxable on a Forward Charge Mechanism (FCM) basis. Responses varied, with some advising that such purchases need not be reported in GSTR-3B, while others suggested using column 5 for exempt, nil-rated, and non-GST supplies. Additional queries addressed potential liabilities if the service provider fails to pay GST and the implications of doing business with non-compliant vendors. The consensus leaned towards not reporting these transactions in GSTR-3B.