04-09-2011, 05:39 PM
With reference to SRO 283 i want to know about-
1- Will withholding agent keep record ( know how about his business) of unregistered buyer to proove that i have make sales to unregistered person ( At reduced rate of GST) doing business in the given sectors.
2- When registered person make sales to un registered person and pay reduced rate of GST. Assume Registered persion has paid input tax. Now RP has paid twice at the time of buying i.e input tax and at the time of selling i.e 6% or 4%. My question is will RP selling goods to URP and paying 6% or 4% be eligible to get refund of Input tax and so on.
SRO 283 is a very very burning topic now a days. VAlueable comments from partners of this forum and detail discussion is hoped.
1- Will withholding agent keep record ( know how about his business) of unregistered buyer to proove that i have make sales to unregistered person ( At reduced rate of GST) doing business in the given sectors.
2- When registered person make sales to un registered person and pay reduced rate of GST. Assume Registered persion has paid input tax. Now RP has paid twice at the time of buying i.e input tax and at the time of selling i.e 6% or 4%. My question is will RP selling goods to URP and paying 6% or 4% be eligible to get refund of Input tax and so on.
SRO 283 is a very very burning topic now a days. VAlueable comments from partners of this forum and detail discussion is hoped.
