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March-21return sales turnover query

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(Querist)
13 May 2021 Sir,
A gst registered regular scheme dealer
Sales turnover in f.y.19-20 Rs:60 lacs
Sales turnover in f.y .20-21Rs:55 lacs (rs:5 lacs decreased)
Question:
1.Dealer annual sales turnover increased compulsory in gst and it act.
2.sales turnover decreased any problems future.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
13 May 2021 1 Not compulsory.
2 No problem in future. Sales turnover vary, decrease or increase it's not on our hands
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CA Puja Sharma

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CA Puja Sharma (Expert)
13 May 2021 No there is no such connection between decrease of turnover with GST & IT Act.
As far as your returns filed are correct and accurate.




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