28 March 2023
Dear Experts, My query is not solved by any experts. Please solve my problem. My query is in B2C Supply of refurbished mobile phones:- Sale value of mobiles = Rs. 2,00,000 Taxable Value = Rs. 4,000 (Profit Margin) Therefore CGST(9%) = Rs. 360 and SGST(9%) = Rs. 360 Invoice value of mobiles = Rs. 2,00,720 How will take this figures in GSTR-1 ? Reply by one experts = Take Rs. 4,000 in B2C others column and no need to show any figures anywhere in GSTR-1. Reply by second experts = Take Rs. 4,000 in B2C others column and also take Rs. 2,00,000 in exempted sale column in GSTR-1. Please solve my above query, I am getting very confused about above replies and which reply is correct.? Thanks in advance....
30 March 2023
VERY VERY THANKS SIR NOW I WILL FILE JAN TO MARCH RETURN IN CORRECT MANNER AS GUIDED BY YOU. BUT IN SEP TO DEC QUARTER RETURN, I HAVE FILED MY INCORRECT RETURN AS REPLY BY ONE EXPERTS.
30 March 2023
DEAR SIR, MY ANOTHER AND LAST QUERY IS INCOICE VALUE IS RS, 2,00,720 BUT TREATMENT IN GSTR-1 SALE WIL BE DECLARED RS. 2,04,000. Is this correct?
CAclubindia
