Reporting of expenses - gst return

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Jatin (Querist)
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21 November 2017 Dear Experts,

Is it mandatory to report expenses like interest on loan, Purchase Books, Petrol / Diesel, Electricity expenses, Salary in GSTR 3B.

Regards,
Ramesh

RAJA P M

RAJA P M (Expert)
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21 November 2017 No need....

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Jatin

Jatin (Querist)
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21 November 2017 Thank you very much Raja P M Sir,

Raja Ji, Some experts advise, to mention expenses in GSTR3B Return - Table 5 are mandatory for example petrol / diesel to be show in non-GST supplies.

Iam very confused. What should i do (Report or not)

Your stand is very clear about reporting of expenses not required in your many replies for other same queries.

Please advise me, what should i do. (We are run a Pvt. Tuition Centre)

Regards,
Ramesh

Message likes : 1 times

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RAJA P M

RAJA P M (Expert)
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21 November 2017 The Petrol, Diesel, Electricity and Alcohol is declared as Non-GST Supplies under GST.
It's common use for "People/Consumers/End Users" and the "People/Consumers/End Users" can't claim Input Credit in Previous Tax Regime and GST Regime. So, I think it's called "Non-GST Supplies".

Who deal the products as "Business" they can show it in GSTR 3B. Otherwise no need... These are not Supplies to others hands...

Jatin

Jatin (Querist)
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21 November 2017 Thank you very much Raja P M Sir,

One more query sir, is it mandatory to report ineligible ITC in GSTR3B Return like GST paid on Restaurant Bill, Car Insurance paid by Firm.

Regards,
Ramesh