Hii
above transaction need not to disclose any where
GSTR2 is not initiated under GST till date
only GSTR2A is active which is result of GSTR1 of counter party
Where to report this supply in GSTR 2
Hello, According to Schedule III of CGST Act. ( Supply of goods from non taxable territory to non taxable territory without goods entering into india. It is neither a supply of goods nor supply of service ) If i am purchasing goods from China and selling directly to USA. This is not considered as supply of goods or services. So When purchasing goods, supplier from china giving invoice of purchased goods even though goods are not imported into india. Where we should report this transaction in GSTR 2 ? NON- GST inward supply ? Thanks
Asked 4 years ago in GST
Hi sir
the transaction is known as merchant trade transaction in export import terms
Till now GSTR 2 is not an active form so u need not to be worry
u need not to show it anywhere else
please rate 5 & provide ur feedback so that I can improve my answer in future
Hello,
GSTR-2 is not available for filing till now. You are not required to report this transaction.
I hope that this answer satisfies your requirements.
Regards,
CA Hunny Badlani
Hello Team, thanks for your valuable feedback. What about GSTR 3B Table 5 NON GST inward supply. Do i need to show this transaction in this form ?
Asked 4 years ago
Hi sir
u can show the same in GSTR 3b under non gst supply because then ur inwardsupplies in gstr 3b will be matched with the inward supplies in ur books
please rate 5 & provide ur feedback so that I can improve my answer in future
No need to show it under GST return as it is not covered under GST.
Currently there is no return as GSTR 2 so I think you have started your business newly and you are handling your GST return yourself.
You are doing drop shipping business and I am handling few such clients so if you need any assistance we can have a telephonic consultation.
Hope you find the information helpful if you do please rate it 5 and provide your valuable feedback for my improvement.
Thank you
No need to show it anywhere
Yes, you can report the same under Table 5 of GSTR-3B.
Dear Sir,
Hope you are doing well !!
No, you don't need to show this transaction anywhere.
Dear Sir,
Hope you are doing well !!
No, you don't need to show this transaction anywhere.
Hi
GSTR 2 is currently not applicable.
You don't need to report the purchases anywhere.
The department had clarified for GSTR 9 filing that such supplies should be reported under non GST supplies. The same principle should be applied to GSTR 3B filing.
It amount to non GST Interstate supply so accordingly you can disclose it in GSTR 3B
- As per section 7 r.w. section 11 of IGST Act,2017, supply would be treated as export of goods and would be treated as zero-rated supply. Purchase will be treated as import of goods and liable to RCM.
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