Purchase more than sales
This query is : Resolved
Yogesh Chavan
(Querist)
11 February 2022
Hello, I am a small-scale manufacturer of plastic bags & printing. I am registered under GST, my doubt is that my purchases are more than sales, in the last 6 months due to covid, is there any GST or Income tax Issue which I am facing in the future. I am using all input tax credits as they are to pay GST.
CA R SEETHARAMAN
(Expert)
11 February 2022
No GST or income tax issues in such a case.
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