I m online boutique and buy fabric, thread, ribbons etc from local shops, prepare items and sell online. I usually pay neft for fabric n cash for thread n all. I also have 2 tailors who sew items. I also get fabric die in required color from a dyer which is also dmall shop.
All local shops come under threshold and r not registered dealers. So question is
- how will it autopopulate in my purchases in gst form 1 when seller was unregistered dealer? So it will not considered as expences as no records feed from seller?
- how to show buying ftom unregisteted dealer as expences while paying thru neft? Does neft considered as proof?
- how to show other expences of cash from small shops like thread, buttons etc?
- how to show labour expences for tailors?
- how to show service expences - getting dye fabric service from market on per px or meter basis?
Or do i need to change my business model :(
Please suggest.
CAclubindia
