Turnover limit for gstr 9
surendra jain (91 Points)
04 February 2023
please clarify the turnover limit of 2 crore is including gst tax Or not for filling of gstr 9
4 Replies
Bhavik Sindhvad
(student)
(161 Points)
Replied 04 February 2023
Turnover limit for applicability of GSTR-9 filing is without gst
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 04 February 2023
Excluding GST amount should be more than 2 crore
MPR Sanjay Kumar
(3118 Points)
Replied 04 February 2023
CA Rashmi Gandhi mam ,as per basic Accounting rules while preparing Trading a/c for an example if
opening stock RS 100
purchases Rs 25
sales 85
closing stock = op +put- sales = 40
so is there any common rules the closing stock is always less than the opening stock??
opening stock RS 100
purchases Rs 25
sales 85
closing stock = op +put- sales = 40
so is there any common rules the closing stock is always less than the opening stock??
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 04 February 2023
No , also you need to add profit in the above amount for calculating closing stock.
When your purchase is more than sales then closing stock will be lesser than opening stock
When your purchase is more than sales then closing stock will be lesser than opening stock
Recent Topics
- Tds or tcs on foreign remittance to india as a rei
- What is Current Taxation of 100 % Debt Mutual Fund
- ITC of RCM LIABILITY PAID in GST Annual Return
- RCM rent for composition dealers
- ITR filing for non resident in one FY
- 2 buyer form 26qb
- CFS INCLUDING MAURITIUS SDS
- Tds on rent paid to two persons
- GST R-9 Turnover
- ITC wrongly Taken in GST 3B
Related Threads
Trending Online Classes
-
6 days Certification Course on GST Practical Return Filing Process
CA Pratibha Goyal16 December 2024
CAclubindia
