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MATERIAL USED FOR PERSONAL PUPOSE

This query is : Resolved 
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(Querist)
29 June 2020 DEAR SIR / MADAM

MY CLIENT IS RUNNING A MANUFACTURING UNIT [ JELLY CRUSHER MACHINE ] HE PURCHASED SOLLING AND PRODUCED JELLY AND SOLD IT. AND HE IS CONSTRUCTING A RESIDENTIAL HOUSE FOR HIS OWN. HE USED SOME QTY OF JELLY FOR PERSONAL USE [ FOR HIS HOUSE CONSTRUCTION ] HOW TO ACCOUNT IT AND HOW TO SHOW IN GST RETURN CAN I RISE SALE BILL FOR MATERIAL USED FOR PERSONAL PURPOSE OR NOT WHERE TO SHOW IN GST RETURN AND HOW TO ACCOUNT FOR INCOME TAX PURPOSE

PL SUGGEST ME
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c.bakshi

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c.bakshi (Expert)
30 June 2020 if you avail input of that material then you have to reverse the input of that material and enter in the books of account. drawings for income tax purposes.
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sivakumar

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sivakumar (Querist)
30 June 2020 SIR I CAN RISE THE INVOICE OR NOT
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