Input
This query is : Resolved
22 July 2019
Do we have to show all expenses, if we are taking credit of input on expenses.
e.g Services Provided ( Sale) is 100000,
Expenses for Office= Rs 25000/- out of which Rs 15000 are the bills consisting of GST and Rs 10000 Bill are from unregistered suppliers. How much of Expenses will be shown in 3B, 15000 on which GST is applied or Total 25000 incl of GST and Non GST Bill.
What will be the situation when services provided are fully exempt from GST. Do we show the GST Bills in 3B both Suppy (Service) and Purchases( Expenses)
Please guide
e.g Services Provided ( Sale) is 100000,
Expenses for Office= Rs 25000/- out of which Rs 15000 are the bills consisting of GST and Rs 10000 Bill are from unregistered suppliers. How much of Expenses will be shown in 3B, 15000 on which GST is applied or Total 25000 incl of GST and Non GST Bill.
What will be the situation when services provided are fully exempt from GST. Do we show the GST Bills in 3B both Suppy (Service) and Purchases( Expenses)
Please guide
22 July 2019
Answer to the first question is that you need to show all purchases/expenses under 3 B.
If the SP is fully exempt then you need to show the value.
If the SP is fully exempt then you need to show the value.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- ITR 1: Details for showing Exempt Income
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
