08 June 2021
ACCESSE HAVE A ISSUE GST NUMBER TILL NOVEMBER 2020 BUT NOVEMBER TO MARCH GST TURN OVER IS ZER. IN SEOT BALANCE SHEET WE HAVE MENTION JOB WORK INCOME APR TO OCT MONTH WITHOUT GST
10 July 2021
Need little more clarity on the question. It has been stated that the turnover is zero. Then how is that there is mentioning of job work income. Isn't the income earned from job work services liable to GST in your case. If job work income is present it would be reported in Profit and loss account. Then the final balance of Profit and loss account will be disclosed in the Balance Sheet.
CAclubindia
