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).
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 ....
CAclubindia
