Now, mandatory to mention of the Place of Supply in case of Inter-state supply to Unregistered Person

Now, mandatory to mention of the Place of Supply in case of Inter-state supply to Unregistered Person

 579 total views

Now, mandatory to mention of the Place of Supply in case of Inter-state supply to Unregistered Person

CBIC mandates the reporting of all inter-State supplies made to unregistered persons in Table 3.2 of FORM GSTR-3B and Table 7B of FORM GSTR-1
The Central Board of Indirect Taxes & Customs (‘CBIC’) vide its Circular No. 89/08/2019-GST dated February 18, 2019 which clarify that the registered persons making inter-State supplies to unregistered persons, composition taxable persons and UIN holders shall report the details of such supplies along with the place of supply in Table 3.2 of FORM GSTR-3B and the details of all inter-State supplies made to unregistered persons where the invoice value is up to Rs 2.5 lakhs (rate-wise) are required to be reported in Table 7B of FORM GSTR-1 as mandated by the law.
Contravention of any of the provisions of the Act or the rules made there under attracts penal action under the provisions of section 125 of the CGST Act.

Leave a Comment

Your email address will not be published.

the taxtalk

online portal for tax news, update, judgment, article, circular, income tax, gst, notification Simplifying the tax and tax laws is the main motto of the team tax talk, solving