GST on Composition supply
RAHUL SHAW (47 Points)
17 April 2021
Is Gst paid on outward supply by composition dealer debited to profit & loss ?
1 Replies
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 17 April 2021
Yes, it is an expense to be debited to P&L account of the composition dealer
Recent Topics
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
Related Threads
CAclubindia
