0% gst
This query is : Resolved
14 June 2018
My Client sales Goods @ 0% to register and un register persons . Should i need to show in B2B for register person under 0% tax or not? and what to do for unregistered person.
14 June 2018
Supply of goods to registered person, taxable as Nil rate has to be shown under Table 4 of GSTR-1 (b2b).
Supply of goods to unregistered person, taxable as Nil rate has to be shown under Table 7 of GSTR-1 (b2c)-Intra state supplies.
In GSTR-3B under table 3(a).
Supply of goods to unregistered person, taxable as Nil rate has to be shown under Table 7 of GSTR-1 (b2c)-Intra state supplies.
In GSTR-3B under table 3(a).
14 June 2018
ok...thanks...i have done the same.....where as he also purchase 0% GST goods, but it was not reflected in GSTR-2A.... I dont know why the counter party was not filing for 0% taxable goods. shall i tell them to file even 0%GST goods.
14 June 2018
Yes. you can tell them to upload in GSTR-1. However, in this case there is no input tax credit, since the tax rate is Nil. Therefore, they is no requirement to check the details in Form GSTR-2A. As per law the details of nil rated also has to be disclosure in GSTR-1
14 June 2018
K.... Thanks......I ahve one more doubt regarding the ITR -1 ... I filed ITR-1 for FY 2016-17 before due date only....
I got Intimation u/s 143(1) to pay tax of Rs. 200 /-
Actually i have not taken Bank Interest for Rs. 1891 /- and Tds for the same .while filing. however it showing that same interest In 26AS with TDS .
while computation of Tax u/s 143(1) by income tax department have taken only Interest part but not the TDS amount.
My doubt is what is the detailed procedure. for this ....
I got Intimation u/s 143(1) to pay tax of Rs. 200 /-
Actually i have not taken Bank Interest for Rs. 1891 /- and Tds for the same .while filing. however it showing that same interest In 26AS with TDS .
while computation of Tax u/s 143(1) by income tax department have taken only Interest part but not the TDS amount.
My doubt is what is the detailed procedure. for this ....
14 June 2018
Revise your return and consider the interest income as well as TDS. You can do that in online only.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- FORM 26A APPLICABILITY
- Copyright software
- SFT Cash Deposit in Current Account
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
