Gstr 1
This query is : Resolved
04 September 2017
in GSTR 1 we must do mention preccending turn over i confused that which fugure mentioned in it Gross Turnover or Aggreegare
some CA mentioned in Total Turnover or some Agreegate, whats is right ?
some CA mentioned in Total Turnover or some Agreegate, whats is right ?
04 September 2017
Turn Over means "Transactions basic Values. Not include Tax Value"
If your sales Values are,
Ass Value Rs. 100000
Tax Value Rs. 5000
Total Bill Value Rs. 105000/-
Here Basic Value (Items Value/Turn Over) is Rs 100000 and Tax Value is Rs. 5000. The tax value is our Liability to Govt. This amount is not our pocket. It's from others pocket to Govt pocket. So, its not ourselves...
If your sales Values are,
Ass Value Rs. 100000
Tax Value Rs. 5000
Total Bill Value Rs. 105000/-
Here Basic Value (Items Value/Turn Over) is Rs 100000 and Tax Value is Rs. 5000. The tax value is our Liability to Govt. This amount is not our pocket. It's from others pocket to Govt pocket. So, its not ourselves...
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