A gst registered dealer search by gst department physical stock verify some stock shortage found un accounting sales turnover.but dealer tax and int and penalty through on drc paid.
question:
dealer accounting treatment in books in gst and I t.act for un accounting sales turnover.
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Accounting treatment for un accounting sales
Replies (1)
Hi you have to reconcile the sales value first, then, apply gst over it. I don’t think it act is needed here if you have not filed already.
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