Tax calculation for functional hall

This query is : Resolved

Kollipara Sundaraiah (Querist)
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14 May 2020 A gst registered regular scheme dealer service income from functional hall rents.
Income and expenses detailes for one month:
Rental income from functional hall rs.3 lacs
Advance from customers rs.50,000/-
Salary paid to workers rs.15000/-
Electricity charges paid rs.20000/-
Cleaning charges rs.1000/-
Staff welfare exp rs.500/-
How to calculate input itc value and output itc claim value and net gst payble show in gstr3b and gstr1 returns.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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14 May 2020 No input ITC available from the above expenses as no GST paid on expenses.
Pay GST on 3 lacs rent and 50,000 advance received and show the same under GSTR 3 b and GSTR 1.