Difference sales amount show procedure
This query is : Resolved
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Kollipara Sundaraiah
(Querist)
14 August 2022
Sir,
A Gst registered regular scheme dealer
Opening stock as on dt:01-07-22 nil
Purchase for July -22 rs:1 lacs
Sales for July -22 through on online UPI mode rs:3 lacs
Question:
Dealer ( difference sales turnover rs:3 lacs -rs:1 lacs )rs:2 lacs transaction show procedure in gst return and books for July -22 month.
A Gst registered regular scheme dealer
Opening stock as on dt:01-07-22 nil
Purchase for July -22 rs:1 lacs
Sales for July -22 through on online UPI mode rs:3 lacs
Question:
Dealer ( difference sales turnover rs:3 lacs -rs:1 lacs )rs:2 lacs transaction show procedure in gst return and books for July -22 month.
Dhirajlal Rambhia
(Expert)
14 August 2022
What is the stock at the end of month July 2022?
Message likes :
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Kollipara Sundaraiah
(Querist)
14 August 2022
closeing stock value rs:nil for the ending of month july-22
Dhirajlal Rambhia
(Expert)
14 August 2022
For Books &/or GSTR turnover will be Rs.3 lakhs.
Purchase being Rs. 1 lakh, Gross profit would be Rs. 2 lakhs.
Purchase being Rs. 1 lakh, Gross profit would be Rs. 2 lakhs.
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