REFURBISHED MOBILE SALES

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This discussion addresses confusion regarding the correct way to file GSTR-1 for B2C sales of refurbished mobile phones. The core issue is how to report the sale value, taxable profit margin, and GST. Two conflicting expert opinions are presented, leading to uncertainty about declaring the taxable amount and whether to list the full sale value or just the profit margin in the GSTR-1 return.

Asif Ali

Asif Ali (Querist)
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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....

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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28 March 2023 Take Rs. 4,000 in B2C others column and also take Rs. 2,00,000 in exempted sale column in GSTR-1.

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Asif Ali

Asif Ali (Querist)
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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.

Asif Ali

Asif Ali (Querist)
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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?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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31 March 2023 No declare 2,00,720 as 1,96,000 exempt 4000 taxable and GST 720

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Asif Ali

Asif Ali (Querist)
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06 April 2023 Sir you are saying:-
196000 in exempted column in gstr-1
4000 in b2c others column in gstr-1..
Please reply must...

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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06 April 2023 Yes you are right...
...

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Asif Ali