Good Afrn All, My Trading And P&L account showing Direct expenses 4Lakhs (Electricity, telephonre Etc). Should I have to mention in GSTR 3B??
If Yes, In which Head?
7 Replies
Michelle
(Service)
(297 Points)
Replied 18 August 2017
only income and tax figures need to be shown...
Michelle
(Service)
(297 Points)
Replied 18 August 2017
not to be shown...it is a gst return, not an income tax return... you can however claim eligible ITC on your expenses
CA Sathish Reddy
(Articles)
(352 Points)
Replied 18 August 2017
It's okay
But In GSTR-3B RETURN , THERE IS A HEAD "eXEMPT, NIL AND NON GST INWARD SUPPLIES"
what to be shown under the above head?
Please give some Examples
Thanks In Advance
Michelle
(Service)
(297 Points)
Replied 18 August 2017
that is for goods/services which are taxed at 0% or are exempt from GST... example fruits, vegetables, cereals etc
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 18 August 2017
CA Sathish Reddy.,
It's to the related business activities.
It mean,
Petroleum products dealer, Electricity related dealer and alcohol related dealer ll be use the column..
It's to the related business activities.
It mean,
Petroleum products dealer, Electricity related dealer and alcohol related dealer ll be use the column..
MUTHU KUMARAN III K
(Accountant)
(41 Points)
Replied 01 August 2019
Dear Sir,
A is a service provider and below is P&L account. please advise how to mention the RCM expenses in GSTR 9 .
Total Sales (Income) - 100000 and GST - 18000 Total Turnover 118000.
Total Purchase ( Direct Expenses) 50000 (50% of expenses is GST applicable and showing GSTR-2A) (Balance 50% of Cash expenses)
Total Expenses (Indirect Expenses) 25000
Total Profit 25000
My Question is how to mention the 50% of cash expenses related in Direct Expenses in GSTR 1 3B & 9 ?
Any body please clarify.
thanks in Advance
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