Gst expenses
This query is : Resolved
Himanshu Sharma
(Querist)
17 July 2018
dear experts,
is it necessary that the expenses we put in our profit & loss account is also required to be included in GST"s return even if we have not take input tax credit or purchase from unregistered dealer.
is it necessary that the expenses we put in our profit & loss account is also required to be included in GST"s return even if we have not take input tax credit or purchase from unregistered dealer.
CA PRAVEEN
(Expert)
28 July 2018
No need,U can accrue ITC of tax paid on expenses if paid. Now RCM is not applicable.
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Himanshu Sharma
(Querist)
20 August 2018
thank you so much sir for clarification
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