GSTR9C Turnover
This query is : Resolved
30 November 2024
Hi
Direct Income 100 + Indirect Income (non GST - Interest on FD etc.) 20 total income is 120
while filing GSTR 9 C - in Pt II(5) A what should be the Turnover - 100 or 120?
as per my audited Financial Statement, my total turnover is 120 whereas as per GST Pt II (5) Q is 100 .
where to show the difference amount 20
Is it necessary to put 120 in GSTR9C Pt II (5)A or can I put 100 bcoz 100 is only my taxable outward supply as per GSTR1
Thank you for your quick response
Direct Income 100 + Indirect Income (non GST - Interest on FD etc.) 20 total income is 120
while filing GSTR 9 C - in Pt II(5) A what should be the Turnover - 100 or 120?
as per my audited Financial Statement, my total turnover is 120 whereas as per GST Pt II (5) Q is 100 .
where to show the difference amount 20
Is it necessary to put 120 in GSTR9C Pt II (5)A or can I put 100 bcoz 100 is only my taxable outward supply as per GSTR1
Thank you for your quick response
30 November 2024
Part II (5) A: Enter 120 as the turnover based on your audited financial statements.
Part II (5) Q: Report the turnover as declared in GSTR 9, which is 100.
Part II (5) O: Specify the difference of 20, noting that it represents non-GST income such as interest on fixed deposits.
Part II (5) Q: Report the turnover as declared in GSTR 9, which is 100.
Part II (5) O: Specify the difference of 20, noting that it represents non-GST income such as interest on fixed deposits.
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