Dear Experts,
my Client has medical shop registered under composition where no proper accounting is done.
we are paying 1 % of the turnover.
pls guide whether it is mandatory to give purchase details in GSTR 4?
7 Replies
prasad Nilugal
(3914 Points)
Replied 15 August 2021
Yes , you require to give purchase details in GSTR 4 .
Kapil Jain
(Chief Accountant)
(103 Points)
Replied 15 August 2021
But the purchase records are not maintained
Kapil Jain
(Chief Accountant)
(103 Points)
Replied 15 August 2021
But sir Notification no. 60 of 2018 says that no need to put the details of purchase from registered persons
prasad Nilugal
(3914 Points)
Replied 15 August 2021
From 1/4/2019 it is mandatory to give purchase details .
Also you can check bank entries to find out purchase details , as you may have paid through bank to your Creditors . Also check cash payment if any record .
Also you can check bank entries to find out purchase details , as you may have paid through bank to your Creditors . Also check cash payment if any record .
Kapil Jain
(Chief Accountant)
(103 Points)
Replied 15 August 2021
Thanks sir for your valuable response 🙏🙏
Bhavika Kothari
(CA)
(1258 Points)
Replied 20 August 2021
Yes it is mandatory to give purchase details in GSTR-4
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