Outward supply under declared turnover treatment in gst act
This query is : Open
Kollipara Sundaraiah
(Querist)
16 February 2023
Sir,
A registered jewellery business dealer notice received from gst department sec 15 rule 28 under declared turnover treatment mentioned below
Dealer purchase of jewellery transaction daily rate at market
Dealer sales of jewellery transaction daily rate at fixed price selling to customer
Question:
Dealer purchase rate at market and sale rate fixed price under declared turnover treatment in gst act.
A registered jewellery business dealer notice received from gst department sec 15 rule 28 under declared turnover treatment mentioned below
Dealer purchase of jewellery transaction daily rate at market
Dealer sales of jewellery transaction daily rate at fixed price selling to customer
Question:
Dealer purchase rate at market and sale rate fixed price under declared turnover treatment in gst act.
CA Altamush Zafar
(Expert)
17 February 2023
It is just their observation that your operations do not conform with that of market. It is not necessary to conform. Just give valid reasons for their queries.
Engage a professional if needed
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