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Understanding URD Purchases and GST by Bhuvaneswari karuturi is a document available to read on EtoBox.

1. The document discusses key aspects of GST including levy of GST on purchases from unregistered dealers, tax invoices and rates, composition scheme eligibility, input tax credits, tax deduction at source, and filing of returns. 2. Under GST, the buyer is liable to pay tax on a reverse charge basis for purchases from unregistered dealers. Tax invoices must show separate CGST, SGST, and IGST rates depending on the location of the receiver. 3. Small businesses with turnover less than Rs. 1.5 crore can op

Author
Bhuvaneswari karuturi
Language
EN