14 September 2023
Friends, When GST was introduced, there was a column to report the sales or turnover done during VAT period and this was added along the turnover during GST period and hence there was no chance of mismatch in turnover data as per IT and GST. Now my question is , what happens when one registers in GST voluntarily during September 2023. Is there any column to report the sales done during non-gst registration period that is from (April 2023 to Aug 2023)? If there is no such option, the turnover declared in Income tax will include both GST period and Non-gst registration period sales. This may even attract notice from GST for turnover mismatch in future? how to avoid this difference and is there any column to report sales conducted during non-gst registration period? Thanks in advance.
CAclubindia
