Pardeep Garg (CA-Final Student) (801 Points)
04 September 2021
Rajkumar Patel
(602 Points)
Replied 04 September 2021
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 05 September 2021
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 05 September 2021
Only taxable value of Rs. 3 Lakhs will be shown in GST returns.
Differences in turnover amounts between books and GST returns will be dealt in GSTR-9C
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 12 September 2021
You need to refer to wdv of the asset rather than sale price and depreciation.
CA. Heet Shah
(Tax Consultant & Practitioner)
(6180 Points)
Replied 12 September 2021
Incase depreciated value is wdv i.e.3lakh then 2lakh happens to be taxable value on which would be considered gst inclusive
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