general doubt

Indirect Taxation

i am just not understanding the practicality of gst 1) sir under sec 32 it is given person who is not registered under gst is not liable to collect tax but when we go to small small shops near us the goods we buy are inclusive of gst na? 2 )mostly kirana stores around us are unregistered so they dont give a bill? but when we go to ratnadeep or dmart they compulsory give bill cause they are registered?

Harshitha Kalidindi

CA Final

★ 51K+

03-Feb-23 15:10

533

Answers (2)

goods we buy are inclusive of gst na ..if suppose i bought them from a small shop (unregistred) what exactly happens backend of that shop what all he is supposed to do?

Thread Starter

Harshitha Kalidindi

CA Final

★ 51K+

03-Feb-23 15:11

The manufacturer will pay gst on certain rates. No need for small shops to get registered. We pay the money inclusive of all taxes. Not only gst

Shankari C

CA Inter

★ 12K+

03-Feb-23 19:12