ADNAN HUSSAIN (Student CA IPC / IPCC) (157 Points)
15 August 2022Hello,
We are a restaurant and selling food through zomato and swiggy...
my question is previously we used to show all the turnover of zomato and dine in in taxable sales and used to pay 5% tax on it... Now GST being payable by ecommerce operators, how shall we account for the sale through ecommerce operators under GST?
Do we have to show under taxable supplies or we do not have to pay tax on it?
sabyasachi mukherjee
(27574 Points)
Replied 15 August 2022
ADNAN HUSSAIN
(Student CA IPC / IPCC)
(157 Points)
Replied 15 August 2022
Turnover for Dine In - Rs. 8 lakhs
Turnover through Zomato - Rs. 14 lakhs
Total turnover - Rs. 22 lakhs, now 5% tax to be paid on what turnover?
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 15 August 2022
Show it in GSTR-3B 3.1.1 (ii).
A new table has been introduced
ADNAN HUSSAIN
(Student CA IPC / IPCC)
(157 Points)
Replied 15 August 2022
Whether 5% GST has to be paid or not on Zomato sales?
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 15 August 2022
GST will be paid by Zomato. You will just need to disclose in the above mentioned table
ADNAN HUSSAIN
(Student CA IPC / IPCC)
(157 Points)
Replied 15 August 2022
Since january 2022 to June 2022 i have shown in taxable supplies and paid 5% tax on it... Now how can i rectify it?
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 15 August 2022
You will have to claim refund under excess payment of tax
ADNAN HUSSAIN
(Student CA IPC / IPCC)
(157 Points)
Replied 15 August 2022
Should i claim refund or can i amend GSTR 1 and reduce the liability in GSTR 3B of the July 2022 month?
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 15 August 2022
You can do that also if you have tax liability to adjust.
ADNAN HUSSAIN
(Student CA IPC / IPCC)
(157 Points)
Replied 15 August 2022
yes, i have tax liability....
So where to declare sales made through zomato in GSTR 1 of restaurant? which table can u please guide?
ADNAN HUSSAIN
(Student CA IPC / IPCC)
(157 Points)
Replied 15 August 2022
Can someone please share me offcial G.O which says how to show sales
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 15 August 2022
ADNAN HUSSAIN
(Student CA IPC / IPCC)
(157 Points)
Replied 15 August 2022
How does RCM comes into picture here?
sabyasachi mukherjee
(27574 Points)
Replied 16 August 2022
LETS EXPLAIN IN DETAIL E COMMERECE OPERATOR MODALITIES
1.
PERSONS WHO AE SUPPLIER OF SERVICES AND SUPPLYING SERVICES THROUGH E COMMERCE OPERATOR ARE NOT REQUIRED TO REGISTER UNDER GST IF AGGREGATE TURNOVER LESS THAN 20 LACS. PER ANNUM
CAclubindia
