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Who are Unregistered Dealers in GST
We know that Registration Limit in GST is 40 lacs (for goods) and 20 lacs (for services)
Those persons having small business or profession and whose turnover is less than 40 lacs /20 lacs need not get themselves Registered in GST
Since they are not registered in GST, they cannot charge GST on Bill
What are Different Sales of Unregistered Dealer
Unregistered Dealer can sell to Ordinary Customer
In this case, no GST is payable by either buyer or seller
Unregistered Dealer can sell to Registered Person in GST
Till 12 Oct 2017
Exemption in Case of Services Upto 5000 per day
Government has issued Notification 8/2017
As per this Notification
Local Purchases upto 5000 per day from all Unregistered Parties are exempt from GST
(This 5000 purchases is combination of Purchases from All Parties Combined
Interstate Purchases are not covered here)
Summary 5000 limit is per day not per bill
From 13 Oct 207
Revers Charge from Unregistered Dealer has been exempted from 13 Oct 2017
Summary
