It’s is to be disclosed in GSTR 3b under point 5 value of nill rated, exempted and non-GST supplies?

If a person received goods from unregistered dealer’s for an amount of 4000 per day. Then 30*4000 # 120000. It’s is to be disclosed in GSTR 3b under point 5 value of nill rated, exempted and non-GST supplies?

Asked on August 18, 2017 in Miscellaneous.
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2 Answer(s)

As per my best knowledge, the limit of Reverse charge mechanism Exemption is rs 5000/- in aggregate, in total for that particular day. you need not disclose, if the expense under Reverse charge is below 5000 ie up to 4999/- in a day, in total.

Answered on August 19, 2017.
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Agree with Sandeep. You can not club for an entire month. Limit to be computed on a per day basis.

Answered on August 19, 2017.
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Your Answer

Gen GST